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S&P 500 (CME) (U4) Intraday: under pressure.
2024-07-12
531
Pivot: 5670.00
Our preference: short positions below 5670.00 with targets at 5611.00 & 5597.00 in extension.
Alternative scenario: above 5670.00 look for further upside with 5680.00 & 5697.00 as targets.
Comment: technically the RSI is below its neutrality area at 50.
Supports and resistances:
5697.00
5680.00
5670.00
5643.00 Last
5611.00
5597.00
5585.00
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