(10 OCTOBER 2018)S&P 500:Bullish bias above 2871.00.

(10 OCTOBER 2018)S&P 500:Bullish bias above 2871.00.

10 October 2018, 09:36
Jiming Huang
0
52

sp

Pivot (invalidation): 2871.00

Our preference

Long positions above 2871.00 with targets at 2895.50 & 2904.00 in extension.

Alternative scenario

Below 2871.00 look for further downside with 2862.00 & 2854.00 as targets.

Comment

The RSI is mixed to bullish

(By Swissquote TRADING CENTRAL)

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