(23 NOVEMBER 2018)S&P 500:Key resistance at 2670.00.

Pivot (invalidation): 2670.00

Our preference

Short positions below 2670.00 with targets at 2628.00 & 2600.00 in extension.

Alternative scenario

Above 2670.00 look for further upside with 2688.00 & 2721.00 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)