S&P 500 Turning Down

Pivot (invalidation): 3400.00

Our preference Short positions below 3400.00 with targets at 3373.00 & 3355.00 in extension.

Alternative scenario Above 3400.00 look for further upside with 3415.00 & 3430.00 as targets.

Comment The upward potential is likely to be limited by the resistance at 3400.00.

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