(01 MARCH 2019)S&P 500:Key resistance at 2803.00.

(01 MARCH 2019)S&P 500:Key resistance at 2803.00.

1 March 2019, 09:21
Jiming Huang
0
56

sp

Pivot (invalidation): 2803.00

Our preference

Short positions below 2803.00 with targets at 2775.25 & 2764.00 in extension.

Alternative scenario

Above 2803.00 look for further upside with 2814.00 & 2831.00 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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