(22 AUGUST 2019)S&P 500 Bullish bias above 2890.00

(22 AUGUST 2019)S&P 500 Bullish bias above 2890.00

22 August 2019, 09:19
Jiming Huang
0
14

. SP
Pivot
 (invalidation): 2890.00
Our preference
Long positions above 2890.00 with targets at 2942.00 & 2980.00 in extension.
Alternative scenario
Below 2890.00 look for further downside with 2864.00 & 2825.00 as targets.
Comment
The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)

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