(29 April 2020)S&P 500 Bullish bias above 2840.00.

(29 April 2020)S&P 500 Bullish bias above 2840.00.

29 April 2020, 09:27
Jiming Huang
0
82

sp
Pivot
 (invalidation): 2840.00
Our preference
Long positions above 2840.00 with targets at 2921.00 & 2971.00 in extension.
Alternative scenario
Below 2840.00 look for further downside with 2785.00 & 2727.00 as targets.
Comment
The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL)

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