(26 JULY 2019)S&P 500:Turning down.

(26 JULY 2019)S&P 500:Turning down.

26 July 2019, 10:20
Jiming Huang
0
51

sp

Pivot (invalidation): 3009.25

Our preference

Short positions below 3009.25 with targets at 2997.00 & 2987.00 in extension.

Alternative scenario

Above 3009.25 look for further upside with 3019.50 & 3037.00 as targets.

Comment

The RSI is bearish and calls for further downside.


(By Swissquote TRADING CENTRAL)