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S&P 500 (CME) (H4) Intraday: the downside prevails.
2024-03-05
771
Pivot: 5098.00
Our preference: short positions below 5098.00 with targets at 5042.00 & 5028.00 in extension.
Alternative scenario: above 5098.00 look for further upside with 5116.00 & 5134.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
5134.00
5116.00
5098.00
5065.00 Last
5042.00
5028.00
5013.00
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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