(01 MAY 2020)S&P 500 Key resistance at 2953.00.

(01 MAY 2020)S&P 500 Key resistance at 2953.00.

1 May 2020, 09:20
Jiming Huang
0
105

sp
Pivot
 (invalidation): 2953.00
Our preference
Short positions below 2953.00 with targets at 2887.00 & 2845.00 in extension.
Alternative scenario
Above 2953.00 look for further upside with 2975.00 & 3010.00 as targets.
Comment
The RSI is mixed to bearish

(By Swissquote TRADING CENTRAL)

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