(16 MAY 2019)S&P 500:Further advance.

(16 MAY 2019)S&P 500:Further advance.

16 May 2019, 09:37
Jiming Huang
0
15

sp

Pivot (invalidation): 2831.25

Our preference

Long positions above 2831.25 with targets at 2871.75 & 2890.00 in extension.

Alternative scenario

Below 2831.25 look for further downside with 2820.00 & 2802.00 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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