(31 December 2019)S&P 500 The downside prevails.

Pivot
 (invalidation): 3231.00
Our preference
Short positions below 3231.00 with targets at 3216.00 & 3205.00 in extension.
Alternative scenario
Above 3231.00 look for further upside with 3240.00 & 3248.00 as targets.
Comment
The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL)