Saxo Group Videos

Berger: Looking to trade an oversold bounce in S&P 500

Seasoned equity trader Serge Berger is looking for an oversold bounce trade in the S&P 500 amid what he calls a "global calamity" in the markets.

The index has been through key levels last week and this could trigger a further emotional response from investors.

2020-50 are important levels, around 2011 support line and China is triggering a stretch point in the medium term.

Serge believes 1920 is a key level to enter market while looking for the oversold bounce trade.

Target: 2000

Stop: 1880

https://www.tradingfloor.com/about/niird

01:28 minutes
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