S&P 500 (CME) (U5) Intraday: bullish bias above 6160.00.

Pivot: 6160.00

Our preference: long positions above 6160.00 with targets at 6215.00 & 6240.00 in extension.

Alternative scenario: below 6160.00 look for further downside with 6135.00 & 6115.00 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

6300.00

6240.00

6215.00

6181.00 Last

6160.00

6135.00

6115.00