(07 September 2020)S&P 500 Key resistance at 3477.00.

Pivot
 (invalidation): 3477.00
Our preference
Short positions below 3477.00 with targets at 3391.00 & 3349.00 in extension.
Alternative scenario
Above 3477.00 look for further upside with 3530.00 & 3565.00 as targets.
Comment
As Long as 3477.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)