(07 MARCH 2019)S&P 500:The downside prevails.

(07 MARCH 2019)S&P 500:The downside prevails.

7 March 2019, 08:57
Jiming Huang
0
13

ssp

Pivot (invalidation): 2796.75

Our preference

Short positions below 2796.75 with targets at 2764.00 & 2740.00 in extension.

Alternative scenario

Above 2796.75 look for further upside with 2816.50 & 2830.00 as targets.

Comment

The RSI is bearish and calls for further decline

(By Swissquote TRADING CENTRAL)

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