S&P 500 (CME) (H4) ST: further advance.
Pivot: 4762.00
Our preference: long positions above 4762.00 with targets at 4900.00 & 5020.00 in extension.
Alternative scenario: below 4762.00 look for further downside with 4700.00 & 4620.00 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
5120.00 ***
5020.00 ***
4900.00 **
4836.00 Last
4762.00 ***
4700.00 **
4620.00 ***
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