(16 December 2020)S&P 500 Bullish bias above 3660.00.

Pivot
 (invalidation): 3660.00
Our preference
Long positions above 3660.00 with targets at 3710.00 & 3740.00 in extension.
Alternative scenario
Below 3660.00 look for further downside with 3633.00 & 3595.00 as targets.
Comment
The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL)