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S&P 500 (CME) (H4) Intraday: the downside prevails.
2024-01-03
972
Pivot: 4798.00
Our preference: short positions below 4798.00 with targets at 4760.00 & 4743.00 in extension.
Alternative scenario: above 4798.00 look for further upside with 4812.00 & 4829.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 4798.00.
Supports and resistances:
4829.00
4812.00
4798.00
4787.00 Last
4760.00
4743.00
4728.00
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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