(19 OCTOBER 2018)S&P 500:Under pressure.

(19 OCTOBER 2018)S&P 500:Under pressure.

19 October 2018, 14:48
Jiming Huang
0
19

sp

Pivot (invalidation): 2785.00

Our preference

Short positions below 2785.00 with targets at 2749.00 & 2709.75 in extension.

Alternative scenario

Above 2785.00 look for further upside with 2818.00 & 2846.75 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL) 


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