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S&P 500 (CME) (H4) Intraday: the downside prevails.
2024-01-31
308
Pivot: 4904.00
Our preference: short positions below 4904.00 with targets at 4867.00 & 4852.00 in extension.
Alternative scenario: above 4904.00 look for further upside with 4921.00 & 4937.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
4937.00
4921.00
4904.00
4881.00 Last
4867.00
4852.00
4838.00
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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