$SPX S&P500 failing at downtrend resistance and 61.8fib

Short

S&P 500 Index (SP:SPX)

Updated

SP:SPX S&P 500 Index

Market taking profit ahead of the G20 summit this weekend? Failed at an important confluence, both the downtrend resistance as well as 61.8 fib of the most recent swing high and low on the hourly chart #bearish

Comment:

Market looking strong after the trade talks over the weekend.. looking for a move up to +- 2815 which will be the next strong level of resistance

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