(05 February 2020)S&P 500 Continuation of the rebound.

Pivot
 (invalidation): 3280.00
Our preference
Long positions above 3280.00 with targets at 3317.00 & 3333.00 in extension.
Alternative scenario
Below 3280.00 look for further downside with 3256.00 & 3245.00 as targets.
Comment
The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)