Since December we have seen a weak rally of price back into an area of resistance with decreasing volume.
A distribution pattern has been occurring since December 2018. A sell pivot printed on the 22nd January which gave the signal to go short. The target is the 1800 handle.
S&P 500 INDEX movement during the last few days showed a Bullish move, with a recent high price seen on Thu 10.Jan.2019 at 2,597.82.
During the next few days, wait for a more solid signal as the price is expected to try to test the psychological level of 2,600.
But as of now, as long as the price is expected to...