(11 OCTOBER 2018)S&P 500:The downside prevails.

(11 OCTOBER 2018)S&P 500:The downside prevails.

11 October 2018, 09:27
Jiming Huang
0
71

sp

Pivot (invalidation): 2830.00

Our preference

Short positions below 2830.00 with targets at 2764.00 & 2735.00 in extension.

Alternative scenario

Above 2830.00 look for further upside with 2853.50 & 2865.00 as targets.

Comment

The RSI is capped by a bearish trend line.

(By Swissquote TRADING CENTRAL) 


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