S&P 500 (CME) (H4) Intraday: under pressure.
Pivot: 4801.00
Our preference: short positions below 4801.00 with targets at 4773.00 & 4758.00 in extension.
Alternative scenario: above 4801.00 look for further upside with 4813.00 & 4824.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
4824.00
4813.00
4801.00
4784.00 Last
4773.00
4758.00
4743.00
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