(04 JANUARY 2019)S&P 500:Under pressure.

(04 JANUARY 2019)S&P 500:Under pressure.

4 January 2019, 09:17
Jiming Huang
0
65

sp

Pivot (invalidation): 2488.00

Our preference

Short positions below 2488.00 with targets at 2427.00 & 2400.00 in extension.

Alternative scenario

Above 2488.00 look for further upside with 2520.00 & 2583.00 as targets.

Comment

The RSI is bearish and calls for further decline

(By Swissquote TRADING CENTRAL) 


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