(30 OCTOBER 2018)S&P 500:Rebound expected.

(30 OCTOBER 2018)S&P 500:Rebound expected.

30 October 2018, 09:14
Jiming Huang
0
52

sp

Pivot (invalidation): 2602.50

Our preference

Long positions above 2602.50 with targets at 2723.00 & 2755.00 in extension.

Alternative scenario

Below 2602.50 look for further downside with 2570.00 & 2540.00 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 

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