(29 MAY 2019)S&P 500:Under pressure.

(29 MAY 2019)S&P 500:Under pressure.

29 May 2019, 09:30
Jiming Huang
0
60

sp

Pivot (invalidation): 2825.25

Our preference

Short positions below 2825.25 with targets at 2791.00 & 2770.75 in extension.

Alternative scenario

Above 2825.25 look for further upside with 2840.00 & 2851.50 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)


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