(07 February 2020)S&P 500 Bullish bias above 3314.00.

Pivot
 (invalidation): 3314.00
Our preference
Long positions above 3314.00 with targets at 3353.00 & 3383.00 in extension.
Alternative scenario
Below 3314.00 look for further downside with 3292.00 & 3268.00 as targets.
Comment
The RSI is mixed to bullish

(By Swissquote TRADING CENTRAL)