SPI 200 (ASX) Intraday: intraday support around 8594.

Pivot: 8594

Our preference: long positions above 8594 with targets at 8648 & 8667 in extension.

Alternative scenario: below 8594 look for further downside with 8580 & 8561 as targets.

Comment: the RSI lacks momentum.

Supports and resistances:

8700

8667

8648

8617 Last

8594

8580

8561