S&P 500 (CME) (H5) Intraday: the downside prevails.

Pivot: 5988.00

Our preference: short positions below 5988.00 with targets at 5866.00 & 5836.00 in extension.

Alternative scenario: above 5988.00 look for further upside with 6036.00 & 6070.00 as targets.

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:

6070.00

6036.00

5988.00

5950.00 Last

5866.00

5836.00

5810.00