(08 December 2020)S&P 500 Consolidation.

(08 December 2020)S&P 500 Consolidation.

8 December 2020, 11:46
Jiming Huang
0
90

sp
Pivot
 (invalidation): 3710.00
Our preference
Short positions below 3710.00 with targets at 3665.00 & 3645.00 in extension.
Alternative scenario
Above 3710.00 look for further upside with 3740.00 & 3770.00 as targets.
Comment
As Long as 3710.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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