(25 FEBRUARY 2019)S&P 500:Bullish bias above 2777.00.

Pivot (invalidation): 2777.00

Our preference

Long positions above 2777.00 with targets at 2795.00 & 2810.00 in extension.

Alternative scenario

Below 2777.00 look for further downside with 2763.00 & 2750.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)