12/11/2020 #SPX Don't be too bullish

OANDA:SPX500USD   S&P 500 Index
Yesterday we had a rally brought up by #NDX. #RTY was quite flat. Where's the money? Any MORE left?

Blue zone at 3576.2-3580. Cautiously bearish below. Upside targets are 3596 and 3612 and 3641.2 will offer a low risk sell level.

Price is now already below my 1st support at 3566.6 (I tweeted on a return to 3552 and took a short at 3576). Lower support at 3550.4, 3536, 3520.9, 3500.6-3504. 3474.6-80.2 should cap low of day, can look to buy there.


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