SP500 is facing a lot of resistances. Warning for bulls!

Since the spike low at 3500 on 13 Oct, SP500 had a pretty good run and has risen around 15%.
However, fundamentally we are not out of the woods yet, not by far, and also technically there are big warnings on our chart.
First, the rise is clearly corrective in nature and is unfolding in a rising wedge, more often than not, this leads to reversal and resumption of the overall trend, which is down.
Second, between 4100 and 4200 there are a lot of horizontal resistances.
Third, the index is now in the zone of the falling trend line that started in January this year.
All this for me translates into a greater probability of a fall to 3800 than to rise above 4300

Selling rallies from this point on also could have a pretty nice R: R for swing traders.