S&P 500 (CME) (M5) Intraday: aim @ 5860.00.

Pivot: 5930.00

Our preference: short positions below 5930.00 with targets at 5860.00 & 5835.00 in extension.

Alternative scenario: above 5930.00 look for further upside with 5960.00 & 5985.00 as targets.

Comment: as long as 5930.00 is resistance, expect a return to 5860.00.

Supports and resistances:

5985.00

5960.00

5930.00

5891.75 Last

5860.00

5835.00

5810.00