S&P 500 (CME) (M4) Intraday: under pressure.
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Pivot: 5307.00
Our preference: short positions below 5307.00 with targets at 5262.00 & 5240.00 in extension.
Alternative scenario: above 5307.00 look for further upside with 5323.00 & 5348.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
5348.00
5323.00
5307.00
5286.70 Last
5262.00
5240.00
5217.00
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