SP:SPX   S&P 500 Index
SP500 approaches the 61.8% retracement (2,638.88), in the same neighborhood as R1 (2,667.82). I expect the price action to enter a downtrend soon enough and find support near the 50% retracement (2,584.17) & S2 (2590.42). Due to the window of uncertainty I have as to where it may reflect (2,638.88 - 2,667.82), I'll enter my SELL position at the Pivot point (2629.12) with my T/P at S2.
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