(27 SEPTEMBER 2018)S&P 500:Under pressure.

Pivot (invalidation): 2912.25

Our preference

Short positions below 2912.25 with targets at 2893.00 & 2886.00 in extension.

Alternative scenario

Above 2912.25 look for further upside with 2927.00 & 2941.00 as targets.

Comment

The RSI is bearish and calls for further downside

(By Swissquote TRADING CENTRAL)