(22 JULY 2020)S&P 500 Bullish bias above 3238.00.

(22 JULY 2020)S&P 500 Bullish bias above 3238.00.

22 July 2020, 09:37
Jiming Huang
0
62

dp
Pivot
 (invalidation): 3238.00
Our preference
Long positions above 3238.00 with targets at 3277.00 & 3293.00 in extension.
Alternative scenario
Below 3238.00 look for further downside with 3214.00 & 3198.00 as targets.
Comment
The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)


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