(04 MARCH 2019)S&P 500:Bullish bias above 2782.00.

(04 MARCH 2019)S&P 500:Bullish bias above 2782.00.

4 March 2019, 09:02
Jiming Huang
0
55

sp

Pivot (invalidation): 2782.00

Our preference

Long positions above 2782.00 with targets at 2816.50 & 2830.00 in extension.

Alternative scenario

Below 2782.00 look for further downside with 2764.00 & 2750.00 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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