(30 January 2020)S&P 500 Bullish bias above 3258.00.

Pivot
 (invalidation): 3258.00
Our preference
Long positions above 3258.00 with targets at 3304.00 & 3337.00 in extension.
Alternative scenario
Below 3258.00 look for further downside with 3235.00 & 3215.00 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)