S&P 500 (CME) (Z5) Intraday: turning down.

Pivot: 6930.00

Our preference: short positions below 6930.00 with targets at 6902.00 & 6888.00 in extension.

Alternative scenario: above 6930.00 look for further upside with 6950.00 & 6980.00 as targets.

Comment: a break below 6902.00 would trigger a drop towards 6888.00.

Supports and resistances:

6980.00

6950.00

6930.00

6914.00 Last

6902.00

6888.00

6777.00