S&P 500 (CME) (Z5) Intraday: intraday support around 6830.

Pivot: 6830

Our preference: long positions above 6830 with targets at 6900 & 6950 in extension.

Alternative scenario: below 6830 look for further downside with 6795 & 6770 as targets.

Comment: the RSI has just landed on a support around 30% and is reversing up.

Supports and resistances:

7000

6950

6900

6862 Last

6830

6795

6770