CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

SPX500 Short Term: bullish bias above 6823.00.

SPX500 (US500)
-5.1-0.07%
long positions above 6823.00 with targets at 7040.00 & 7290.00 in extension.
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Pivot: 6823.00

Our preference: long positions above 6823.00 with targets at 7040.00 & 7290.00 in extension.

Alternative scenario: below 6823.00 look for further downside with 6717.00 & 6630.00 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:
7400.00
7290.00
7040.00
6940.00 Last
6823.00
6717.00
6630.00

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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