S&P 500 (CME) (H6) Intraday: watch 6922.

Pivot: 6977

Our preference: short positions below 6977 with targets at 6922 & 6890 in extension.

Alternative scenario: above 6977 look for further upside with 7002 & 7014 as targets.

Comment: as long as 6977 is resistance, expect a return to 6922.

Supports and resistances:

7014

7002

6977

6964 Last

6922

6890

6870