Index

S&P 500 may fall to 4600.00 - 4950.00

2024-08-06

Pivot

5440.00

Our preference

Short positions below 5440.00 with targets at 4950.00 & 4600.00 in extension.

Alternative scenario

Above 5440.00 look for further upside with 5660.00 & 5975.00 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

5975.00

5660.00

5440.00

5172.00 Last

4950.00

4600.00

4280.00

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

Trade with Exness

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

Author：

Tradingtop

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S&P 500 may fall to 4600.00 - 4950.00

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