SPX500 Short Term: bullish bias above 5355.00.
SPX500 (US500)
-9.6-0.17%
long positions above 5355.00 with targets at 5670.00 & 5780.00 in extension.
Pivot: 5355.00
Our preference: long positions above 5355.00 with targets at 5670.00 & 5780.00 in extension.
Alternative scenario: below 5355.00 look for further downside with 5100.00 & 4835.00 as targets.
Comment: the RSI advocates for further advance.
Supports and resistances:
5980.00
5780.00
5670.00
5528.75 Last
5355.00
5100.00
4835.00
Our preference: long positions above 5355.00 with targets at 5670.00 & 5780.00 in extension.
Alternative scenario: below 5355.00 look for further downside with 5100.00 & 4835.00 as targets.
Comment: the RSI advocates for further advance.
Supports and resistances:
5980.00
5780.00
5670.00
5528.75 Last
5355.00
5100.00
4835.00
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