SPX500 getting absorbed by sellers!

Trading2ez Pro Updated   
FX:SPX500   S&P 500 Index
Hey tradomanics,

currently we see an inceberg-order and absorptionat the top of the day.

As long as aggressive sellers dont appear price wont drop as limit-orders can`t move the market, but we know we have a strong resistance here!

Overall a fakeout-zone so watch this price carefully! A another fakeout above this orderblock could provide more liquidity to the sellers.

Current situation is not very clear but buyers tend to exthaust so a drop is likely!

What do you think?
Comment: Here we go!


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