(18 November 2020)S&P 500 Bullish bias above 3579.00.

Pivot
 (invalidation): 3579.00
Our preference
Long positions above 3579.00 with targets at 3645.00 & 3690.00 in extension.
Alternative scenario
Below 3579.00 look for further downside with 3552.00 & 3518.00 as targets.
Comment
The RSI advocates for further upside

(By Swissquote TRADING CENTRAL)