(30 March 2020)S&P 500 Key resistance at 2638.00.

(30 March 2020)S&P 500 Key resistance at 2638.00.

30 March 2020, 09:48
Jiming Huang
0
99

sp
Pivot
 (invalidation): 2638.00
Our preference
Short positions below 2638.00 with targets at 2450.00 & 2350.00 in extension.
Alternative scenario
Above 2638.00 look for further upside with 2710.00 & 2880.00 as targets.
Comment
As Long as 2638.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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