SPX500 Short Term: bullish bias above 5780.00.
SPX500 (US500)+24.8+0.42%
long positions above 5780.00 with targets at 6011.00 & 6200.00 in extension.
Pivot: 5780.00
Our preference: long positions above 5780.00 with targets at 6011.00 & 6200.00 in extension.
Alternative scenario: below 5780.00 look for further downside with 5670.00 & 5540.00 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
6435.00
6200.00
6011.00
5870.62 Last
5780.00
5670.00
5540.00
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