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S&P 500 (CME) (M4) Intraday: consolidation in place.

2024-04-12
908

Pivot: 5260.00

Our preference: short positions below 5260.00 with targets at 5227.00 & 5212.00 in extension.

Alternative scenario: above 5260.00 look for further upside with 5273.00 & 5285.00 as targets.

Comment: the RSI lacks momentum.

Supports and resistances:

5285.00

5273.00

5260.00

5242.25 Last

5227.00

5212.00

5193.00

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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