S&P 500: Under Pressure

Pivot (invalidation): 3038.00

Our preference Short positions below 3038.00 with targets at 3000.00 & 2965.00 in extension.

Alternative scenario Above 3038.00 look for further upside with 3083.00 & 3115.00 as targets.

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Comment The RSI is bearish and calls for further decline.