SPX500 Short Term: under pressure.
SPX500 (US500)
-35.7-0.66%
short positions below 5500.00 with targets at 5075.00 & 4835.00 in extension.
Pivot: 5500.00
Our preference: short positions below 5500.00 with targets at 5075.00 & 4835.00 in extension.
Alternative scenario: above 5500.00 look for further upside with 5670.00 & 5780.00 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
5780.00
5670.00
5500.00
5335.91 Last
5075.00
4835.00
4600.00
Our preference: short positions below 5500.00 with targets at 5075.00 & 4835.00 in extension.
Alternative scenario: above 5500.00 look for further upside with 5670.00 & 5780.00 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
5780.00
5670.00
5500.00
5335.91 Last
5075.00
4835.00
4600.00
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