SPI 200 (ASX) Intraday: the upside prevails.

Pivot: 9050

Our preference: long positions above 9050 with targets at 9132 & 9164 in extension.

Alternative scenario: below 9050 look for further downside with 9019 & 8980 as targets.

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

Supports and resistances:

9186

9164

9132

9090 Last

9050

9019

8980