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S&P 500 Index
Long

spx500 Bull case

By ROWLANDSDUKI
Updated
our bullish case for spx500
Trade active
SPX500
Intraday: turning up.
Target
3384.75
Pivot
3354.00


Our preference
Long positions above 3354.00 with targets at 3396.00 & 3413.00 in extension.

Alternative scenario
Below 3354.00 look for further downside with 3336.00 & 3298.00 as targets.

Comment
The RSI is bullish and calls for further upside.
Trade active
SPX500
Intraday: further advance.
Target
3403.00

Pivot
3377.00

Our preference
Long positions above 3377.00 with targets at 3413.00 & 3436.00 in extension.

Alternative scenario
Below 3377.00 look for further downside with 3354.00 & 3336.00 as targets.

Comment
The RSI is mixed to bullish.
Trend Analysis
ROWLANDSDUKI
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