Lets find out our destination for SPX
SPX500
Intraday: turning down.
Target
3352.00
Pivot
3380.00
Our preference
Short positions below 3380.00 with targets at 3335.00 & 3319.00 in extension.
Alternative scenario
Above 3380.00 look for further upside with 3405.00 & 3421.50 as targets.
Comment
The RSI is bearish and calls for further downside.
Intraday: turning down.
Target
3352.00
Pivot
3380.00
Our preference
Short positions below 3380.00 with targets at 3335.00 & 3319.00 in extension.
Alternative scenario
Above 3380.00 look for further upside with 3405.00 & 3421.50 as targets.
Comment
The RSI is bearish and calls for further downside.
Trade closed: target reached
Alternative scenarioAbove 3380.00 look for further upside with 3405.00 & 3421.50 as targets.
Trade active
Our preferenceShort positions below 3380.00 with targets at 3335.00 & 3319.00 in extension.
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