SPX to test the most important resistance

SPX is running to 4200

 

SPX is going to test the most significant upside resistance 4200. A break above 4200 would open the door for a rally to 4500 and would mark the bearish correction finished. The support line is visible and only a break below 3960 again would lead to a downside reversal.

Note: look for the long trade with the stop loss below 4000

 

SPX upside continuation

 

 

 

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