(11 December 2019)S&P 500 Bullish bias above 3124.50.

Pivot
 (invalidation): 3124.50
Our preference
Long positions above 3124.50 with targets at 3150.50 & 3164.00 in extension.
Alternative scenario
Below 3124.50 look for further downside with 3119.00 & 3103.00 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)