(18 DECEMBER 2018)S&P 500:The downside prevails.

(18 DECEMBER 2018)S&P 500:The downside prevails.

18 December 2018, 08:56
Jiming Huang
0
57

sp

Pivot (invalidation): 2588.50

Our preference

Short positions below 2588.50 with targets at 2502.00 & 2454.00 in extension.

Alternative scenario

Above 2588.50 look for further upside with 2608.00 & 2634.00 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL) 

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