HomeContributorsTechnical AnalysisS&P 500: Intraday Support Around 2970.00

S&P 500: Intraday Support Around 2970.00

Pivot (invalidation): 2970.00

Our preference Long positions above 2970.00 with targets at 3068.00 & 3124.00 in extension.

Alternative scenario Below 2970.00 look for further downside with 2934.00 & 2900.00 as targets.

Comment A support base at 2970.00 has formed and has allowed for a temporary stabilisation.

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