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
HKG3325401.0725404.07 25444.58
JPN22542114.6442124.64 42979.14
NAS10023420.7123422.01 23714.46
SPX5006460.236460.73 6507.26
UK1009193.529195.82 9239.59
US3045519.1945521.49 45609.49


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