S&P 500

SP500
Delayed USA - 09/19 05:17:13 pm
3017.46USD
+0.36%

Attempted bullish eviction

Envoyer par e-mail
09/05/2019 | 08:11 am
Opinion : Bullish above 2840 
Target price : 3025 
American indices are driven by calmness in trade negotiations. The SP500 has taken the opportunity to rebound by 3% since the recent low of August 23.
The values that drive the index up are in the majority. Nevertheless, some sectors stand out ostentatiously, such as semiconductors, which gained 8.5% over the same reference period. Seagate Technology (+10%) and Lam Research (+9.5%) are the main contributors to this sectorial movement.

Graphically, in daily data, prices attempt to extract beyond the 2955 point resistance. A confirmation of the graphical overtaking would pave the way to the recent historical highs at 3025 points. On the other hand, a return under the lower bound would replace the index in the trend of lateralisation set up over the last month with 2840 points as support.
Patrick Rejaunier
Zonebourse.com 2019
Envoyer par e-mail