Alpha Capital Wealth South Africa SP500

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.

Trade chiuso: obiettivo raggiunto

Trade attivo:

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.