Index

S&P 500 may rise to 5900.00 - 5990.00

2024-10-12

Pivot

5670.00

Our preference

Long positions above 5670.00 with targets at 5900.00 & 5990.00 in extension.

Alternative scenario

Below 5670.00 look for further downside with 5540.00 & 5400.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

6050.00

5990.00

5900.00

5814.00 Last

5670.00

5540.00

5400.00

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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