S&P 500 (CME) (M5) Intraday: bullish bias above 5942.00.

Pivot: 5942.00

Our preference: long positions above 5942.00 with targets at 6000.00 & 6024.00 in extension.

Alternative scenario: below 5942.00 look for further downside with 5920.00 & 5895.00 as targets.

Comment: the break above 5942.00 is a positive signal that has opened a path to 6000.00.

Supports and resistances:

6052.00

6024.00

6000.00

5975.25 Last

5942.00

5920.00

5895.00