(27 November 2020)S&P 500 Bullish bias above 3617.00.

Pivot
 (invalidation): 3617.00
Our preference
Long positions above 3617.00 with targets at 3645.00 & 3660.00 in extension.
Alternative scenario
Below 3617.00 look for further downside with 3592.00 & 3550.00 as targets.
Comment
The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)