(25 MAY 2020)S&P 500 Bullish bias above 2935.00.

(25 MAY 2020)S&P 500 Bullish bias above 2935.00.

25 May 2020, 09:07
Jiming Huang
0
74

sp
Pivot
 (invalidation): 2935.00
Our preference
Long positions above 2935.00 with targets at 2979.00 & 3003.00 in extension.
Alternative scenario
Below 2935.00 look for further downside with 2913.00 & 2865.00 as targets.
Comment
The RSI calls for a new upleg

(By Swissquote TRADING CENTRAL)

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