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S&P 500 (CME) (H4) Intraday: intraday support around 4793.00.

2024-01-18
979

Pivot: 4793.00

Our preference: long positions above 4793.00 with targets at 4821.00 & 4836.00 in extension.

Alternative scenario: below 4793.00 look for further downside with 4773.00 & 4754.00 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

4851.00

4836.00

4821.00

4810.00 Last

4793.00

4773.00

4754.00

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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