(20 MAY 2020)S&P 500 Under pressure.

Pivot
 (invalidation): 2968.00
Our preference
Short positions below 2968.00 with targets at 2913.00 & 2865.00 in extension.
Alternative scenario
Above 2968.00 look for further upside with 2987.00 & 3025.00 as targets.
Comment
The RSI is bearish and calls for further downside

(By Swissquote TRADING CENTRAL)