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Analysis

S&P 500 may rise to 5200.00 - 5228.00

BY Trading Central

|mei 8, 2024

Intraday: expect 5228.00.

 Intraday: expect 5228.00.

Pivot

5163.00

Our preference

Long positions above 5163.00 with targets at 5200.00 & 5228.00 in extension.

Alternative scenario

Below 5163.00 look for further downside with 5140.00 & 5097.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

5250.00

5228.00

5200.00

5187.50 Last

5163.00

5140.00

5097.00

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

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