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Trading Analysis S&P 500 (CME) (H5) Intraday: further advance.

S&P 500 (CME) (H5) Intraday: further advance.

Long positions above 5595.00 with targets at 5675.00 & 5705.00 in extension.

Pivot: 5595.00

Our preference: long positions above 5595.00 with targets at 5675.00 & 5705.00 in extension.

Alternative scenario: below 5595.00 look for further downside with 5555.00 & 5510.00 as targets.

Comment: the next resistances are at 5675.00 and then at 5705.00.

Supports and resistances:

5740.00

5705.00

5675.00

5627.00 Last

5595.00

5555.00

5510.00

Disclaimer

The reference points and analysis of the trading strategy are provided by the third party provider Trading Central, and the strategies are only the independent evaluation and judgment of individual analyst, without considering the investor's investment goals and financial status. All strategies do not constitute investment advice or recommendations, and are for reference only. Our company also does not guarantee the accuracy of the strategy, and does not assume any responsibility for negative results caused by trading strategies.