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S&P 500 (CME) (H4) Intraday: the downside prevails.
2024-02-01
714
Pivot: 4890.00
Our preference: short positions below 4890.00 with targets at 4852.00 & 4838.00 in extension.
Alternative scenario: above 4890.00 look for further upside with 4904.00 & 4921.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
4921.00
4904.00
4890.00
4870.00 Last
4852.00
4838.00
4816.00
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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