S&P 500 (CME) (Z5) Intraday: the bias remains bullish.

Pivot: 6662.00

Our preference: long positions above 6662.00 with targets at 6695.00 & 6705.00 in extension.

Alternative scenario: below 6662.00 look for further downside with 6641.00 & 6631.00 as targets.

Comment: the break above 6662.00 is a positive signal that has opened a path to 6695.00.

Supports and resistances:

6720.00

6705.00

6695.00

6674.75 Last

6662.00

6641.00

6631.00