S&P 500 may rise to 5970.00 - 6230.00

Pivot

5400.00

Our preference

Long positions above 5400.00 with targets at 5970.00 & 6230.00 in extension.

Alternative scenario

Below 5400.00 look for further downside with 5120.00 & 4950.00 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

6340.00

6230.00

5970.00

5741.00 Last

5400.00

5120.00

4950.00

Number of asterisks represents the strength of support and resistance levels.