(21 October 2020)S&P 500 Key resistance at 3480.00.

Pivot
 (invalidation): 3480.00
Our preference
Short positions below 3480.00 with targets at 3420.00 & 3370.00 in extension.
Alternative scenario
Above 3480.00 look for further upside with 3515.00 & 3550.00 as targets.
Comment
The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL)