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S&P 500 (CME) (H4) Intraday: the upside prevails.

2024-01-22
994

Pivot: 4860.00

Our preference: long positions above 4860.00 with targets at 4907.00 & 4932.00 in extension.

Alternative scenario: below 4860.00 look for further downside with 4837.00 & 4814.00 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

4950.00

4932.00

4907.00

4881.00 Last

4860.00

4837.00

4814.00

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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