(22 JULY 2020)S&P 500 Bullish bias above 3238.00.
<p>Pivot</p>
<p> (invalidation): 3238.00 Our preference</p>
<p>Long positions above 3238.00 with targets at 3277.00 & 3293.00 in extension.</p>
<p>Alternative scenario</p>
<p>Below 3238.00 look for further downside with 3214.00 & 3198.00 as targets.</p>
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