SPX500 Intraday: expect 5228.00.
May 7, 2024 23:00
SPX500 (US500)
6.6+0.12%
long positions above 5163.00 with targets at 5200.00 & 5228.00 in extension.
Pivot: 5163.00
Our preference: long positions above 5163.00 with targets at 5200.00 & 5228.00 in extension.
Alternative scenario: below 5163.00 look for further downside with 5140.00 & 5097.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
5250.00
5228.00
5200.00
5187.50 Last
5163.00
5140.00
5097.00
Our preference: long positions above 5163.00 with targets at 5200.00 & 5228.00 in extension.
Alternative scenario: below 5163.00 look for further downside with 5140.00 & 5097.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
5250.00
5228.00
5200.00
5187.50 Last
5163.00
5140.00
5097.00
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