S&P 500 may rise to 5580.00 - 5670.00

Pivot

5455.00

Our preference

Long positions above 5455.00 with targets at 5580.00 & 5670.00 in extension.

Alternative scenario

Below 5455.00 look for further downside with 5335.00 & 5120.00 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

5740.00

5670.00

5580.00

5554.00 Last

5455.00

5335.00

5120.00

Number of asterisks represents the strength of support and resistance levels.