(18 February 2020)S&P 500 Consolidation in place.

Pivot
 (invalidation): 3397.00
Our preference
Short positions below 3397.00 with targets at 3355.00 & 3341.00 in extension.
Alternative scenario
Above 3397.00 look for further upside with 3410.00 & 3425.00 as targets.
Comment
As Long as 3397.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)