SPX500 Short Term: supported by a rising trend line.
SPX500 (US500)
-15.3-0.23%
long positions above 6420.00 with targets at 6740.00 & 6900.00 in extension.
Pivot: 6420.00
Our preference: long positions above 6420.00 with targets at 6740.00 & 6900.00 in extension.
Alternative scenario: below 6420.00 look for further downside with 6300.00 & 6150.00 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
7000.00
6900.00
6740.00
6618.32 Last
6420.00
6300.00
6150.00
Our preference: long positions above 6420.00 with targets at 6740.00 & 6900.00 in extension.
Alternative scenario: below 6420.00 look for further downside with 6300.00 & 6150.00 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
7000.00
6900.00
6740.00
6618.32 Last
6420.00
6300.00
6150.00
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
