(24 August 2020)S&P 500 The upside prevails.

(24 August 2020)S&P 500 The upside prevails.

24 August 2020, 09:10
Jiming Huang
0
72

sp
Pivot
 (invalidation): 3382.00
Our preference
Long positions above 3382.00 with targets at 3413.00 & 3423.50 in extension.
Alternative scenario
Below 3382.00 look for further downside with 3371.00 & 3360.25 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)