(14 MAY 2019)S&P 500:The downside prevails.

(14 MAY 2019)S&P 500:The downside prevails.

14 May 2019, 09:33
Jiming Huang
0
43

sl

Pivot (invalidation): 2827.00

Our preference

Short positions below 2827.00 with targets at 2800.00 & 2785.50 in extension.

Alternative scenario

Above 2827.00 look for further upside with 2840.50 & 2871.75 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)


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