S&P 500 (CME) (M5) Intraday: the bias remains bullish.

Pivot: 5870.00

Our preference: long positions above 5870.00 with targets at 5960.00 & 5980.00 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 5960.00.

Supports and resistances:

6015.00

5980.00

5960.00

5921.00 Last

5870.00

5835.00

5805.00