(08 MARCH 2019)S&P 500:Under pressure.

(08 MARCH 2019)S&P 500:Under pressure.

8 March 2019, 09:26
Jiming Huang
0
18

sp

Pivot (invalidation): 2761.50

Our preference

Short positions below 2761.50 with targets at 2730.00 & 2710.50 in extension.

Alternative scenario

Above 2761.50 look for further upside with 2780.00 & 2796.75 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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