Further resistance at 2760

٩ أبريل ٢٠٢٠

There is a major resistance at 2800 being 50% retracement of the bear rally. Looking at the 4hr chart, the SPX loses momentum at 2750s. This is a low risk trade with a tight stop. if it breaks out watch 2800 for next sell, or else away we go higher! Trade active sell, 2754, Stop loss 2769.