S&P 500 (CME) (Z5) Intraday: 6954.00 expected.

Pivot: 6888.00

Our preference: long positions above 6888.00 with targets at 6928.00 & 6954.00 in extension.

Alternative scenario: below 6888.00 look for further downside with 6868.00 & 6840.00 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

7000.00

6954.00

6928.00

6907.50 Last

6888.00

6868.00

6840.00