The Standard and Poor’s 500, or in a summery it is the S&P 500, and is a stock market index tracking the performance of 500 large stocks listed on stock exchanges in the United States. It is one of the most typical demanded equity indices of the stock market.
Intraday of S&P 500 is bullish bias above 4580: Long positions above 4580.00 with targets at 4609.00 & 4618.00 in extension. Weekend Pivot: 4580
Our preference is to consider long positions above 4580.00 with targets at 4609.00 & 4618.00 in extension.
Also see it in below 4580.00 look for further downside with 4559.00 & 4544.00 as targets.
The next resistances are at 4609.00 and then at 4618.00