(19 MAY 2020)S&P 500 Bullish bias above 2913.00.

(19 MAY 2020)S&P 500 Bullish bias above 2913.00.

19 May 2020, 08:57
Jiming Huang
0
92

sp
Pivot
 (invalidation): 2913.00
Our preference
Long positions above 2913.00 with targets at 2987.00 & 3025.00 in extension.
Alternative scenario
Below 2913.00 look for further downside with 2865.00 & 2825.00 as targets.
Comment
The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)

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