DAILY ANALYSIS

Dow JonesDow Jones

20240520 22:37

Dow Jones Intraday: towards 39630.

Pivot: 40070

Our preference: short positions below 40070 with targets at 39630 & 39380 in extension.

Alternative scenario: above 40070 look for further upside with 40230 & 40460 as targets.

Comment: as long as 40070 is resistance, likely decline to 39630.

Supports and resistances:

40460

40230

40070

39806 Last

39630

39380

39200

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-20-2024 at 22:37 UTC+1

Price reference: 39806 last known on 05-20-2024 at 22:37 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Nasdaq 100 (CME)Nasdaq 100 (CME)

20240520 22:39

Nasdaq 100 (CME) (M4) Intraday: 18800.00 in sight.

Pivot: 18680.00

Our preference: long positions above 18680.00 with targets at 18800.00 & 18850.00 in extension.

Alternative scenario: below 18680.00 look for further downside with 18630.00 & 18570.00 as targets.

Comment: the next resistances are at 18800.00 and then at 18850.00.

Supports and resistances:

18900.00

18850.00

18800.00

18739.00 Last

18680.00

18630.00

18570.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-20-2024 at 22:39 UTC+1

Price reference: 18739.00 last known on 05-20-2024 at 22:39 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Nasdaq 100Nasdaq 100

20240520 22:42

Nasdaq 100 Intraday: intraday support around 18560.00.

Pivot: 18560.00

Our preference: long positions above 18560.00 with targets at 18800.00 & 18940.00 in extension.

Alternative scenario: below 18560.00 look for further downside with 18480.00 & 18380.00 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

19090.00

18940.00

18800.00

18679.00 Last

18560.00

18480.00

18380.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-20-2024 at 22:42 UTC+1

Price reference: 18679.00 last known on 05-20-2024 at 22:42 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

S&P 500 (CME)S&P 500 (CME)

20240520 22:44

S&P 500 (CME) (M4) Intraday: the downside prevails.

Pivot: 5347.00

Our preference: short positions below 5347.00 with targets at 5311.00 & 5301.00 in extension.

Alternative scenario: above 5347.00 look for further upside with 5360.00 & 5375.00 as targets.

Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.

Supports and resistances:

5375.00

5360.00

5347.00

5330.00 Last

5311.00

5301.00

5284.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-20-2024 at 22:44 UTC+1

Price reference: 5330.00 last known on 05-20-2024 at 22:44 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

S&P 500S&P 500

20240520 22:45

S&P 500 Intraday: under pressure.

Pivot: 5325.00

Our preference: short positions below 5325.00 with targets at 5283.00 & 5262.00 in extension.

Alternative scenario: above 5325.00 look for further upside with 5370.00 & 5400.00 as targets.

Comment: the RSI is around its neutrality area at 50%

Supports and resistances:

5400.00

5370.00

5325.00

5309.10 Last

5283.00

5262.00

5239.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-20-2024 at 22:45 UTC+1

Price reference: 5309.10 last known on 05-20-2024 at 22:45 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf