(19 December 2019)S&P 500 Bullish bias above 3176.00.

Pivot
 (invalidation): 3176.00
Our preference
Long positions above 3176.00 with targets at 3210.00 & 3225.00 in extension.
Alternative scenario
Below 3176.00 look for further downside with 3150.00 & 3132.00 as targets.
Comment
The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)