(01 MAY 2019)S&P 500:Further upside.

(01 MAY 2019)S&P 500:Further upside.

1 May 2019, 09:58
Jiming Huang
0
70

sp

Pivot (invalidation): 2937.00

Our preference

Long positions above 2937.00 with targets at 2953.50 & 2960.50 in extension.

Alternative scenario

Below 2937.00 look for further downside with 2929.25 & 2925.25 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)