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S&P 500 (CME) (M4) Intraday: watch 5075.00.

2024-04-16
519

Pivot: 5125.00

Our preference: short positions below 5125.00 with targets at 5075.00 & 5050.00 in extension.

Alternative scenario: above 5125.00 look for further upside with 5150.00 & 5175.00 as targets.

Comment: a break below 5075.00 would trigger a drop towards 5050.00.

Supports and resistances:

5175.00

5150.00

5125.00

5097.00 Last

5075.00

5050.00

5025.00

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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