(16 March 2020)S&P 500 Key resistance at 2882.00.

(16 March 2020)S&P 500 Key resistance at 2882.00.

16 March 2020, 08:57
Jiming Huang
0
84

sp
Pivot
 (invalidation): 2882.00
Our preference
Short positions below 2882.00 with targets at 2595.00 & 2480.00 in extension.
Alternative scenario
Above 2882.00 look for further upside with 2978.00 & 3095.00 as targets.
Comment
As Long as 2882.00 is resistance, expect a return to 2595.00.

(By Swissquote TRADING CENTRAL)