(04 MAY 2020)S&P 500 The downside prevails.

(04 MAY 2020)S&P 500 The downside prevails.

4 May 2020, 09:22
Jiming Huang
0
76

sp
Pivot
 (invalidation): 2868.00
Our preference
Short positions below 2868.00 with targets at 2797.00 & 2757.00 in extension.
Alternative scenario
Above 2868.00 look for further upside with 2895.00 & 2930.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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