(12 AUGUST 2019)S&P 500: Intraday support around 2890.00.

(12 AUGUST 2019)S&P 500: Intraday support around 2890.00.

12 August 2019, 09:45
Jiming Huang
0
47

sp


Pivot
 (invalidation): 2890.00
Our preference
Long positions above 2890.00 with targets at 2944.00 & 2973.00 in extension.
Alternative scenario
Below 2890.00 look for further downside with 2870.00 & 2840.00 as targets.
Comment
The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL)

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