Index

S&P 500 may rise to 5460.00 - 5590.00

2024-06-08

Pivot

5190.00

Our preference

Long positions above 5190.00 with targets at 5460.00 & 5590.00 in extension.

Alternative scenario

Below 5190.00 look for further downside with 5120.00 & 4950.00 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

5660.00

5590.00

5460.00

5346.99 Last

5190.00

5120.00

4950.00

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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