(23 OCTOBER 2018)S&P 500:Capped by a negative trend line.
23 October 2018, 09:39
0
70
Pivot (invalidation): 2780.00
Our preference
Short positions below 2780.00 with targets at 2749.00 & 2728.00 in extension.
Alternative scenario
Above 2780.00 look for further upside with 2798.00 & 2818.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
