S&P 500 (CME) (M4) Intraday: key resistance at 5035.00.
Pivot: 5035.00
Our preference: short positions below 5035.00 with targets at 4965.00 & 4945.00 in extension.
Alternative scenario: above 5035.00 look for further upside with 5065.00 & 5095.00 as targets.
Comment: as long as the resistance at 5035.00 is not surpassed, the risk of the break below 4965.00 remains high.
Supports and resistances:
5095.00
5065.00
5035.00
5006.00 Last
4965.00
4945.00
4925.00
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