(12 March 2020)S&P 500 Look for 2602.00.

(12 March 2020)S&P 500 Look for 2602.00.

12 March 2020, 08:59
Jiming Huang
0
65

sp
Pivot
 (invalidation): 2803.00
Our preference
Short positions below 2803.00 with targets at 2665.00 & 2602.00 in extension.
Alternative scenario
Above 2803.00 look for further upside with 2882.00 & 2978.00 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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