(16 JULY 2020)S&P 500 Bullish bias above 3200.00.

(16 JULY 2020)S&P 500 Bullish bias above 3200.00.

16 July 2020, 09:24
Jiming Huang
0
85

sp
Pivot
 (invalidation): 3200.00
Our preference
Long positions above 3200.00 with targets at 3237.00 & 3270.00 in extension.
Alternative scenario
Below 3200.00 look for further downside with 3175.00 & 3127.00 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


Share it with friends: