S&P500 at key resistance, expecting a pullback here

The S&P500             is at key graphical resistance (line linking the tops) and standard Elliott Waves targets.

RSI-14             Daily is at resistance also.

A break below the line linking the lows since August would validate the bearish count towards the 175 area on SPY             .

A daily close above 207.35 would invalidate this view.
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