S&P 500 (CME) (Z5) Intraday: key resistance at 6805.00.

Pivot: 6805.00

Our preference: short positions below 6805.00 with targets at 6735.00 & 6700.00 in extension.

Alternative scenario: above 6805.00 look for further upside with 6845.00 & 6870.00 as targets.

Comment: as long as 6805.00 is resistance, likely decline to 6735.00.

Supports and resistances:

6870.00

6845.00

6805.00

6774.50 Last

6735.00

6700.00

6670.00