(25 September 2020)S&P 500 Rebound expected.

Pivot
 (invalidation): 3209.00
Our preference
Long positions above 3209.00 with targets at 3278.00 & 3325.00 in extension.
Alternative scenario
Below 3209.00 look for further downside with 3175.00 & 3135.00 as targets.
Comment
A support base at 3209.00 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)