(04 JUNE 2019)S&P 500:The downside prevails.

(04 JUNE 2019)S&P 500:The downside prevails.

4 June 2019, 09:43
Jiming Huang
0
48

sp

Pivot (invalidation): 2755.00

Our preference

Short positions below 2755.00 with targets at 2723.50 & 2705.50 in extension.

Alternative scenario

Above 2755.00 look for further upside with 2768.50 & 2781.65 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)