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
HKG3325303.425312.4 25716.41
JPN22566125.5566135.55 66695.04
NAS10029590.2229591.52 29654.54
SPX5007708.627709.12 7723.68
UK10010853.810854.8 10873.29
US3053116.9853119.28 53290.13


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