(20 November 2020)S&P 500 The downside prevails.

Pivot
 (invalidation): 3615.00
Our preference
Short positions below 3615.00 with targets at 3552.00 & 3511.00 in extension.
Alternative scenario
Above 3615.00 look for further upside with 3645.00 & 3690.00 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)