Index

S&P 500 may rise to 5580.00 - 5670.00

2024-08-17

Pivot

5455.00

Our preference

Long positions above 5455.00 with targets at 5580.00 & 5670.00 in extension.

Alternative scenario

Below 5455.00 look for further downside with 5335.00 & 5120.00 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

5740.00

5670.00

5580.00

5554.00 Last

5455.00

5335.00

5120.00

Number of asterisks represents the strength of support and resistance levels.

Trade with XM

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.

Author：

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S&P 500 may rise to 5580.00 - 5670.00

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