(24 JULY 2020)S&P 500 Under pressure.

Pivot
 (invalidation): 3253.00
Our preference
Short positions below 3253.00 with targets at 3215.00 & 3198.00 in extension.
Alternative scenario
Above 3253.00 look for further upside with 3280.00 & 3293.00 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)