S&P 500 (CME) (M4) Intraday: key resistance at 5282.00.
Pivot: 5282.00
Our preference: short positions below 5282.00 with targets at 5257.00 & 5247.00 in extension.
Alternative scenario: above 5282.00 look for further upside with 5293.00 & 5300.00 as targets.
Comment: as long as 5282.00 is resistance, likely decline to 5257.00.
Supports and resistances:
5300.00
5293.00
5282.00
5270.00 Last
5257.00
5247.00
5234.00
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