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
HKG3325953.2625956.26 26085.27
JPN22567466.6467476.64 67441.64
NAS10030662.9930664.29 30675.29
SPX5007614.797615.29 7625.05
UK10010378.5810380.88 10401.74
US3051346.6451348.94 51288.94


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