S&P 500 (CME) (H1) Intraday: consolidation in plac

S&P 500 (CME) (H1) Intraday: consolidation in place.

SP500

Trading Central 2021-01-14 08:21:05

Pivot: 3824.00

Our preference: short positions below 3824.00 with targets at 3780.00 & 3768.00 in extension.

Alternative scenario: above 3824.00 look for further upside with 3838.00 & 3849.00 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

3849.00

3838.00

3824.00

3800.25 Last

3780.00

3768.00

3748.00

Disclaimer

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