S&P 500 Intraday: consolidation.
Pivot: 4132.00
Our preference: long positions above 4132.00 with targets at 4188.00 & 4215.00 in extension.
Alternative scenario: below 4132.00 look for further downside with 4100.00 & 4075.00 as targets.
Comment: as long as 4132.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4255.00
4215.00
4188.00
4167.00 Last
4132.00
4100.00
4075.00
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