S&P 500

Delayed USA - 09/17 10:56:38 pm

Down by 0.8% after the extended weekend

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09/03/2019 | 08:25 am
Opinion : Check out the trading range breakout 2894 / 2944 
After finishing in a modest 0.06% rise to 2926 points last Friday, the S&P500 index should align itself with Europe and open down 0.8% today, with the multiplication of uncertainty factors.
American markets had remained closed yesterday for the celebration of Labor Day.
After the entry into force of new tariffs in China and the United States on 1 September, Beijing also filed a complaint against the United States at the WTO over the new barriers.
Caution therefore remains necessary, especially with concerns about Brexit and the persistent tensions in Hong Kong that weigh on luxury.

On the macroeconomic level, operators will be informed at 4pm of the ISM manufacturing index and construction spending.

Graphically, as mentioned recently, we will wait for the 2894/2944 points to come out before acting in either direction.
Laurent Polsinelli
Zonebourse.com 2019
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