(07 FEBRUARY 2019)S&P 500:The bias remains bullish.

Pivot (invalidation): 2714.75

Our preference

Long positions above 2714.75 with targets at 2753.00 & 2774.25 in extension.

Alternative scenario

Below 2714.75 look for further downside with 2697.75 & 2675.50 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)