（31 MAY 2019)S&P 500:Target 2747.50.

Pivot (invalidation): 2801.00

Our preference

Short positions below 2801.00 with targets at 2766.00 & 2747.50 in extension.

Alternative scenario

Above 2801.00 look for further upside with 2825.25 & 2840.50 as targets.

Comment

As Long as the resistance at 2801.00 is not surpassed, the risk of the break below 2766.00

remains high. 

(By Swissquote TRADING CENTRAL)