(23 AUGUST 2019)S&P 500 Bullish bias above 2905.00.

Pivot
 (invalidation): 2905.00
Our preference
Long positions above 2905.00 with targets at 2942.00 & 2980.00 in extension.
Alternative scenario
Below 2905.00 look for further downside with 2890.00 & 2864.00 as targets.
Comment
The RSI is mixed to bullish

(By Swissquote TRADING CENTRAL)