Technical analysis SPX500 for 01.03.2024

01.03.2024 01:22
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 5075. The closest resistance is the level 5110

Key levels

  • 5110, 5075, 5050, 5020

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 5075, with Take Profit of 5110 and Stop Loss of 5050

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 5050, with Take Profit of 5020 and Stop Loss of 5075

Guión
Recomendación
BUY LIMIT

Punto de entrada
5075

Take Profit
5110

Stop Loss
5050

Niveles clave
5110, 5075, 5050, 5020
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
5050

Take Profit
5020

Stop Loss
5075