(27 JULY 2020)S&P 500 Key resistance at 3232.00.

Pivot
 (invalidation): 3232.00
Our preference
Short positions below 3232.00 with targets at 3198.00 & 3173.00 in extension.
Alternative scenario
Above 3232.00 look for further upside with 3254.00 & 3277.00 as targets.
Comment
The RSI is mixed.

(By Swissquote TRADING CENTRAL)