(20 JULY 2020)S&P 500 Key resistance at 3238.00.

(20 JULY 2020)S&P 500 Key resistance at 3238.00.

21 July 2020, 04:21
Jiming Huang
0
69

sp
Pivot
 (invalidation): 3238.00
Our preference
Short positions below 3238.00 with targets at 3211.00 & 3198.00 in extension.
Alternative scenario
Above 3238.00 look for further upside with 3252.00 & 3270.00 as targets.
Comment
The upward potential is likely to be limited by the resistance at 3238.00.

(By Swissquote TRADING CENTRAL)


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