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

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

16 August 2019, 09:16
Jiming Huang
0
41

sp

Pivot
 (invalidation): 2874.00
Our preference
Short positions below 2874.00 with targets at 2822.00 & 2797.00 in extension.
Alternative scenario
Above 2874.00 look for further upside with 2894.00 & 2917.00 as targets.
Comment
The RSI is bearish and calls for further decl

(By Swissquote TRADING CENTRAL)

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