(12 October 2020)S&P 500 Bullish bias above 3445.00.

Pivot
 (invalidation): 3445.00
Our preference
Long positions above 3445.00 with targets at 3510.00 & 3555.00 in extension.
Alternative scenario
Below 3445.00 look for further downside with 3410.00 & 3355.00 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)