S&P 500 may fall to 5265.00 - 5340.00

Pivot

5510.00

Our preference

Short positions below 5510.00 with targets at 5340.00 & 5265.00 in extension.

Alternative scenario

Above 5510.00 look for further upside with 5670.00 & 5810.00 as targets.

Comment

The RSI is mixed to bearish.

Supports and resistances

5810.00

5670.00

5510.00

5450.23 Last

5340.00

5265.00

5125.00

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