(18 MARCH 2019)S&P 500:Bullish bias above 2805.50.

(18 MARCH 2019)S&P 500:Bullish bias above 2805.50.

18 March 2019, 09:24
Jiming Huang
0
52

sp

Pivot (invalidation): 2805.50

Our preference

Long positions above 2805.50 with targets at 2840.00 & 2852.00 in extension.

Alternative scenario

Below 2805.50 look for further downside with 2798.00 & 2784.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)