S&P 500

SP500
Delayed USA - 11/11 11:04:39 pm
3087.01USD
-0.2%

Initial increase of 1%, optimism about an agreement

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10/11/2019 | 09:06 am
Opinion : Bullish above 2920 
Target price : 2980 
After ending up 0.64% higher at 2938 points yesterday, the S&P500 index is expected to continue on its launch today (+1%), with operators expecting significant progress in trade talks between China and the United States. Talks resumed yesterday and D. Trump is to receive the Chinese Vice Premier in charge of trade; On the statistical side, import prices increased by 0.2% (consensus -0.1%). Michigan’s confidence index, anticipated at 92, will be revealed at 4 p.m. (10 a.m. ET) Graphically, like the European indices, the S&P500 should confirm its recovery trend, freeing itself from the first exchanges in the 2960-point zone. A safeguard of this level would militate for a continuation of the movement towards the 2980/3000 points.
Laurent Polsinelli
Zonebourse.com 2019
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