S&P500 Intra-day Analysis 07 May 2020

Downside Prevails

Our Pivot: 2874.37

Our Preference: Short sell below 2862.30 with strict stop loss of 2874.37 and target at 2825.66 and 2810.37.

Alternate Scenario: Upward penetration of 2874.37 will call for 2889.27

NOTE: Capped by a negative trend line

Chart with Supports and Resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Indices Live Prices

TickerBidAskHigh
HKG3325297.1725306.17 25469.17
JPN22566394.7266404.72 66554.23
NAS10029501.7129503.81 29531.69
SPX5007691.527692.12 7700.62
UK10010769.1610771.46 10821.1
US3053188.9253191.92 53279.42


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