Technical analysis SPX500 for 05.01.2024

05.01.2024 17:32
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 4745.00. The closest support is the level 4670.00

Key levels

  • 4835.00, 4790.00, 4745.00, 4670.00, 4620.00, 4580.00

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 4745.00, with Take Profit of 4790.00 and Stop Loss of 4710.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 4670.00, with Take Profit of 4620.00 and Stop Loss of 4710.00

Guión
Recomendación
BUY STOP

Punto de entrada
4745.00

Take Profit
4790.00

Stop Loss
4710.00

Niveles clave
4835.00, 4790.00, 4745.00, 4670.00, 4620.00, 4580.00
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
4670.00

Take Profit
4620.00

Stop Loss
4710.00