(30 December 2019)S&P 500 Break of a ST rising trendline support.

(30 December 2019)S&P 500 Break of a ST rising trendline support.

30 December 2019, 09:49
Jiming Huang
0
64

sp
Pivot
 (invalidation): 3243.00
Our preference
Short positions below 3243.00 with targets at 3226.00 & 3220.00 in extension.
Alternative scenario
Above 3243.00 look for further upside with 3248.00 & 3255.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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