(20 August 2020)S&P 500 Turning down.

Pivot
 (invalidation): 3387.00
Our preference
Short positions below 3387.00 with targets at 3362.00 & 3350.00 in extension.
Alternative scenario
Above 3387.00 look for further upside with 3399.00 & 3415.00 as targets.
Comment
As Long as 3387.00 is resistance, likely decline to 3362.0

(By Swissquote TRADING CENTRAL)