Pivot Points levels for S&P 500 in the Asian session:
PP: 6735.14;S1: 6691.97; S2: 6617.39; S3: 6574.22;R1: 6809.72; R2: 6852.89; R3: 6927.47.
The current level Pivot Points is 6735.14. With the market opening above this level, it becomes more likely that positive sentiment will prevail. Therefore, during the day, priority is given to opening long positions.
Trading recommendations:
The intraday support levels are the S1, the S2 and the S3.
The resistance levels R1, R2, and R3 are at 6809.72, 6852.89, and 6927.47 respectively.
The signals to enter the market can be found both near the PP level and when a deeper rollback is formed near the S1, S2, S3 levels. The profit is fixed when the R1, R2, and R3 resistance levels are reached.
