(12 JUNE 2020)S&P 500 Intraday support around 2970.00.

Pivot
 (invalidation): 2970.00
Our preference
Long positions above 2970.00 with targets at 3068.00 & 3124.00 in extension.
Alternative scenario
Below 2970.00 look for further downside with 2934.00 & 2900.00 as targets.
Comment
A support base at 2970.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)