S&P 500 MT: the upside prevails.
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Pivot: 5265.00
Our preference: long positions above 5265.00 with targets at 5810.00 & 5975.00 in extension.
Alternative scenario: below 5265.00 look for further downside with 4960.00 & 4790.00 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
6200.00
5975.00
5810.00
5650.00 Last
5265.00
4960.00
4790.00
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