SPX500 Short Term: further advance.

SPX500 (US500)
+2.6+0.04%
long positions above 5855.00 with targets at 6100.00 & 6200.00 in extension.
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Pivot: 5855.00

Our preference: long positions above 5855.00 with targets at 6100.00 & 6200.00 in extension.

Alternative scenario: below 5855.00 look for further downside with 5780.00 & 5670.00 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:
6435.00
6200.00
6100.00
6032.38 Last
5855.00
5780.00
5670.00

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.
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