(29 MARCH 2019)S&P 500:Bullish bias above 2791.50.

(29 MARCH 2019)S&P 500:Bullish bias above 2791.50.

29 March 2019, 08:57
Jiming Huang
0
62

sp

Pivot (invalidation): 2791.50

Our preference

Long positions above 2791.50 with targets at 2829.00 & 2844.75 in extension.

Alternative scenario

Below 2791.50 look for further downside with 2783.25 & 2770.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)