(09 AUGUST 2019)S&P 500:Key resistance at 2970.00.
Analytics & Forecasts

(09 AUGUST 2019)S&P 500:Key resistance at 2970.00.

9 August 2019, 09:47
Jiming Huang
Jiming Huang
0
91

sp

Pivot (invalidation): 2970.00

Our preference

Short positions below 2970.00 with targets at 2910.00 & 2880.00 in extension.

Alternative scenario

Above 2970.00 look for further upside with 2994.00 & 3015.00 as targets.

Comment

The upward potential is likely to be limited by the resistance at 2970.00.

(By Swissquote TRADING CENTRAL)


#S&P 500