(12 August 2020)S&P 500 Under pressure.

Pivot
 (invalidation): 3363.00
Our preference
Short positions below 3363.00 with targets at 3317.00 & 3285.00 in extension.
Alternative scenario
Above 3363.00 look for further upside with 3380.00 & 3415.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)