(08 AUGUST 2019)S&P 500:Limited upside.

(08 AUGUST 2019)S&P 500:Limited upside.

8 August 2019, 09:26
Jiming Huang
0
47

sp

Pivot (invalidation): 2847.00

Our preference

Long positions above 2847.00 with targets at 2913.00 & 2935.00 in extension.

Alternative scenario

Below 2847.00 look for further downside with 2822.00 & 2805.00 as targets.

Comment

The immediate trend remains up but the momentum is weak. 

(By Swissquote TRADING CENTRAL)

Share it with friends: