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Alpha Capital Wealth South Africa SP500
S&P 500 Index
Alpha Capital Wealth South Africa SP500
By ROWLANDSDUKI
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Updated
Sep 17, 2020
3
Sep 17, 2020
SPX500
Intraday: expect 3353.00.
Target
3380.00
Pivot
3396.25
Our preference
Short positions below 3396.25 with targets at 3365.00 & 3353.00 in extension.
Alternative scenario
Above 3396.25 look for further upside with 3419.25 & 3436.00 as targets.
Comment
The RSI is bearish and calls for further decline.
Sep 17, 2020
Trade closed: target reached
Sep 17, 2020
Trade active
SPX500
Intraday: choppy.
Target
3338.00
Pivot
3365.00
Our preference
Short positions below 3365.00 with targets at 3326.00 & 3310.00 in extension.
Alternative scenario
Above 3365.00 look for further upside with 3385.00 & 3395.00 as targets.
Comment
The RSI calls for a new downleg.
Trend Analysis
ROWLANDSDUKI
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Alpha Capital Wealth South Africa SP500
by ROWLANDSDUKI
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