(18 JULY 2019)S&P 500:Under pressure.

(18 JULY 2019)S&P 500:Under pressure.

18 July 2019, 09:04
Jiming Huang
0
51

sp

Pivot (invalidation): 2997.00

Our preference

Short positions below 2997.00 with targets at 2973.00 & 2958.00 in extension.

Alternative scenario

Above 2997.00 look for further upside with 3008.00 & 3015.00 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)