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
HKG3324496.1124499.11 24620.11
JPN22566639.766649.7 67114.22
NAS10030560.3130562.41 30681.58
SPX5007724.217724.81 7745.84
UK10010736.7410740.54 10760.07
US3051608.1651611.16 51784.65


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