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Morning Report

August 9, 2023

 

 

 

 

 

S&P 500 (CME)‎ (U3)‎ Intraday: continuation of the rebound.   Pivot: 4510.00  
Our preference: Long positions above 4510.00 with targets at 4542.00 & 4560.00
in extension.   Alternative scenario: Below 4510.00 look for further downside
with 4498.00 & 4482.00 as targets.   Comment: The RSI is bullish and calls for
further upside.    

 

 

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