(22 JANUARY 2019)S&P 500:Supported by a rising trend line.

(22 JANUARY 2019)S&P 500:Supported by a rising trend line.

22 January 2019, 09:12
Jiming Huang
0
21

sp

Pivot (invalidation): 2636.00

Our preference

Long positions above 2636.00 with targets at 2685.00 & 2710.00 in extension.

Alternative scenario

Below 2636.00 look for further downside with 2623.50 & 2596.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)

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