(06 AUGUST 2019)S&P 500:Under pressure.

(06 AUGUST 2019)S&P 500:Under pressure.

6 August 2019, 09:04
Jiming Huang
0
40

sp

Pivot (invalidation): 2877.00

Our preference

Short positions below 2877.00 with targets at 2805.00 & 2780.00 in extension.

Alternative scenario

Above 2877.00 look for further upside with 2900.00 & 2930.00 as targets.

Comment

The RSI is bearish and calls for further decline

(By Swissquote TRADING CENTRAL)

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