Index

S&P 500 may rise to 5670.00 - 5810.00

2024-07-20

Pivot

5500.00

Our preference

Long positions above 5500.00 with targets at 5670.00 & 5810.00 in extension.

Alternative scenario

Below 5500.00 look for further downside with 5400.00 & 5265.00 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

5900.00

5810.00

5670.00

5515.89 Last

5500.00

5400.00

5265.00

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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