(20 January 2020)S&P 500 The upside prevails.

(20 January 2020)S&P 500 The upside prevails.

20 January 2020, 09:08
Jiming Huang
0
65

sp
Pivot
 (invalidation): 3302.50
Our preference
Long positions above 3302.50 with targets at 3350.00 & 3362.00 in extension.
Alternative scenario
Below 3302.50 look for further downside with 3281.00 & 3261.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)