(11 FEBRUARY 2019)S&P 500:Bullish bias above 2682.00.

Pivot (invalidation): 2682.00

Our preference

Long positions above 2682.00 with targets at 2725.00 & 2740.00 in extension.

Alternative scenario

Below 2682.00 look for further downside with 2671.75 & 2651.50 as targets.

Comment

The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)