S&P 500 E-Mini (ESZ24):
- Current Price: 5,889 (source: CME 10/23/2024 11:27am EET)
- Momentum: The Relative Strength Index (RSI) is at 61.49%, indicating neutral to slightly bullish momentum. The 20-day MACD is positive at 58.48, supporting continued upward momentum.
- Key Moving Averages: The 20-day MA is 5,834.19, and the 50-day MA is 5,733.33, both of which are below the current price, suggesting a bullish trend.
- Support/Resistance: Key resistance around 5,953.75, and support near 5,824.75.
- Outlook: Bullish momentum, with potential for further gains if it holds above key moving averages.
Legal Disclosure: The information provided in this analysis is for informational and educational purposes only and should not be construed as financial or investment advice. All data and analysis are based on publicly available information, and while we strive for accuracy, we cannot guarantee that the information is complete, accurate, or up-to-date. The opinions expressed herein do not constitute any solicitation to buy, sell, or hold any financial instrument or asset. Past performance is not indicative of future results. Trading and investing in financial markets involve substantial risk, including the risk of loss, and may not be suitable for every investor. It is highly recommended that you consult with a qualified financial advisor or other professional before making any investment decisions. The author assumes no responsibility or liability for any losses, damages, or other consequences resulting from the use of this information.
0 Comments