(21 February 2020)S&P 500 Consolidation.

(21 February 2020)S&P 500 Consolidation.

21 February 2020, 08:53
Jiming Huang
0
35

sp
Pivot
 (invalidation): 3393.00
Our preference
Short positions below 3393.00 with targets at 3352.00 & 3341.00 in extension.
Alternative scenario
Above 3393.00 look for further upside with 3407.00 & 3430.00 as targets.
Comment
As Long as 3393.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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