S&P 500

Delayed USA - 10/18 11:08:57 pm

Decrease of 0.2% in first exchanges

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09/23/2019 | 08:58 am
Opinion : Check out the trading range breakout 2985 / 3028 
Following the example of the European markets which are now in the field, following the publication of PMI indices clearly below expectations in the euro zone, the S&P500 index should start the session down by 0.2%.The U.S. index closed down 0.49% to 2992 points last Friday, amid renewed trade concerns, after the cancellation of a visit by a Chinese delegation; On the statistical side, the Flash PMI manufacturing index emerged at 45.6 in the euro zone (consensus 47.6) and the Flash PMI services index at 52 while the market was expecting 53.1. These same indices will be revealed in the United States at 15h45.   Graphically, the S&P500 remains in a phase of horizontal consolidation within the range 2985/3028 points. We will continue to closely monitor the exit of this zone of indecision to act in both directions.
Laurent Polsinelli
Zonebourse.com 2019
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