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
HKG3324325.0324334.03 24407.52
JPN22539597.6739607.67 39710.19
NAS10022379.6722380.97 22395.72
SPX5006117.646118.14 6122
UK1008756.398757.39 8769.38
US3043092.8543095.15 43142.65


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