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S&P 500 (CME) (H4) Intraday: key resistance at 5120.00.
2024-03-07
540
Pivot: 5120.00
Our preference: short positions below 5120.00 with targets at 5083.00 & 5063.00 in extension.
Alternative scenario: above 5120.00 look for further upside with 5135.00 & 5155.00 as targets.
Comment: as long as the resistance at 5120.00 is not surpassed, the risk of the break below 5083.00 remains high.
Supports and resistances:
5155.00
5135.00
5120.00
5102.00 Last
5083.00
5063.00
5043.00
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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