(26 SEPTEMBER 2018)S&P 500:Bullish bias above 2912.25.

Pivot (invalidation): 2912.25

Our preference

Long positions above 2912.25 with targets at 2927.00 & 2941.00 in extension.

Alternative scenario

Below 2912.25 look for further downside with 2904.00 & 2893.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)