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
HKG3323639.3123648.31 23730.81
JPN22537767.5237777.52 38430.02
NAS10021298.9521300.45 21333.17
SPX5005897.385897.88 5908.78
UK1008572.068573.06 8620.33
US3042142.2442144.64 42259.14


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