S&P 500 (CME) (H4) Intraday: expect 4873.00.
Pivot: 4917.00
Our preference: short positions below 4917.00 with targets at 4873.00 & 4860.00 in extension.
Alternative scenario: above 4917.00 look for further upside with 4933.00 & 4950.00 as targets.
Comment: as long as 4917.00 is resistance, expect a return to 4873.00.
Supports and resistances:
4950.00
4933.00
4917.00
4895.00 Last
4873.00
4860.00
4840.00
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