S&P 500 (CME) (M5) Intraday: the upside prevails.

Pivot: 5870.00

Our preference: long positions above 5870.00 with targets at 5930.00 & 5970.00 in extension.

Alternative scenario: below 5870.00 look for further downside with 5835.00 & 5805.00 as targets.

Comment: the break above 5870.00 is a positive signal that has opened a path to 5930.00.

Supports and resistances:

6000.00

5970.00

5930.00

5910.00 Last

5870.00

5835.00

5805.00