(21 MAY 2019)S&P 500: Key resistance at 2858.00.

(21 MAY 2019)S&P 500: Key resistance at 2858.00.

21 May 2019, 09:32
Jiming Huang
0
15

sp

Pivot (invalidation): 2858.00

Our preference

Short positions below 2858.00 with targets at 2824.00 & 2800.50 in extension.

Alternative scenario

Above 2858.00 look for further upside with 2890.00 & 2913.75 as targets.

Comment

The RSI is bearish and calls for further downside

(By Swissquote TRADING CENTRAL)


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