S&P 500 (CME) (H1) Intraday: bullish bias above 39

S&P 500 (CME) (H1) Intraday: bullish bias above 3900.00.

SP500

Trading Central 2021-02-20 04:55:05

Pivot: 3900.00

Our preference: long positions above 3900.00 with targets at 3927.00 & 3936.00 in extension.

Alternative scenario: below 3900.00 look for further downside with 3890.00 & 3880.00 as targets.

Comment: intraday technical indicators are mixed and call for caution.

Supports and resistances:

3946.00

3936.00

3927.00

3910.00 Last

3900.00

3890.00

3880.00

Disclaimer

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