(14 MAY 2020)S&P 500 Key resistance at 2847.00.

(14 MAY 2020)S&P 500 Key resistance at 2847.00.

14 May 2020, 08:50
Jiming Huang
0
75

sp
Pivot
 (invalidation): 2847.00
Our preference
Short positions below 2847.00 with targets at 2793.00 & 2760.00 in extension.
Alternative scenario
Above 2847.00 look for further upside with 2880.00 & 2907.00 as targets.
Comment
The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL)

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