(13 MARCH 2019)S&P 500:Bullish bias above 2778.00.

(13 MARCH 2019)S&P 500:Bullish bias above 2778.00.

13 March 2019, 09:09
Jiming Huang
0
11

sp

Pivot (invalidation): 2778.00

Our preference

Long positions above 2778.00 with targets at 2803.00 & 2816.00 in extension.

Alternative scenario

Below 2778.00 look for further downside with 2765.00 & 2750.00 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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