(10 JUNE 2020)S&P 500 Consolidation in place.

(10 JUNE 2020)S&P 500 Consolidation in place.

10 June 2020, 09:26
Jiming Huang
0
112

sp
Pivot
 (invalidation): 3162.00
Our preference
Long positions above 3162.00 with targets at 3260.00 & 3320.00 in extension.
Alternative scenario
Below 3162.00 look for further downside with 3128.00 & 3090.00 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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