S&P 500 Intraday: choppy.
Pivot: 5142.00
Our preference: short positions below 5142.00 with targets at 5094.00 & 5076.00 in extension.
Alternative scenario: above 5142.00 look for further upside with 5173.00 & 5218.00 as targets.
Comment: as long as 5142.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
5218.00
5173.00
5142.00
5119.00 Last
5094.00
5076.00
5058.00
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