Lets find out our destination for SPX
Updated
SPX500
Intraday: further upside.
Target
3420.00
Pivot
3404.00
Our preference
Long positions above 3404.00 with targets at 3443.00 & 3458.00 in extension.
Alternative scenario
Below 3404.00 look for further downside with 3390.00 & 3375.00 as targets.
Comment
The RSI is mixed with a bearish bias.
Intraday: further upside.
Target
3420.00
Pivot
3404.00
Our preference
Long positions above 3404.00 with targets at 3443.00 & 3458.00 in extension.
Alternative scenario
Below 3404.00 look for further downside with 3390.00 & 3375.00 as targets.
Comment
The RSI is mixed with a bearish bias.
Trade closed: target reached
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