(19 MARCH 2019)S&P 500:Supported by a rising trend line.

Pivot (invalidation): 2818.50

Our preference

Long positions above 2818.50 with targets at 2840.00 & 2852.00 in extension.

Alternative scenario

Below 2818.50 look for further downside with 2805.50 & 2798.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)