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
HKG3325492.0925495.09 25556.59
JPN22562711.9262735.92 63270.92
NAS10027920.827922.9 28055.82
SPX5007453.047453.64 7463.63
UK10010906.2110909.11 10924.21
US3052860.2752863.27 52880.27


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