evilkaneevil

SP 500 Trending lower

Short
SP:SPX   S&P 500 Index
The SP 500 seems to be hitting resistance around the first of 3 falling gaps (Orange). Have we seen the market high for now ? the last session candle has a large amount of volume but very little price movement, the long upper wick suggests a bearish move. If the index drops below the gap I believe it will go to somewhere in the 2550 - 2600 range
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