SPX is still massively bullish on the smaller timeframes despite retesting strong resistance.

لقطة

Sometimes trading can be soo simple but yet rewarding. You simply have to buy the S&P500 at support and sell your position at resistance. At the moment, the S&P500 is once again retesting a resistance trendline, which has been pushing price lower for more than 14 years and there is just an extraordinary high chance that we will again see a rejection. Don't say I did't warn you!

Levels to watch: $5.600, $4.800

Keep your long term vision,
Philip - BasicTrading
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