S&P500 at key resistance, expecting a pullback here
The S&P500 is at key graphical resistance (line linking the tops) and standard Elliott Waves targets.
RSI-14 Daily is at resistance also.
A break below the line linking the lows since August would validate the bearish count towards the 175 area on SPY.
A daily close above 207.35 would invalidate this view.
RSI-14 Daily is at resistance also.
A break below the line linking the lows since August would validate the bearish count towards the 175 area on SPY.
A daily close above 207.35 would invalidate this view.