SPX is testing the key downside resistance
SPX is testing the key downside resistance 4380. This is the uptrend line from May swing higher and a break below this level would lead to a reversal lower to 4200. A bounce here and a break above 4460 are required for the upside continuation. Since this is critical resistance you need to patiently wait for the price action.
Note: look for the short trade entries with the stop loss above 4400 upon a confirmed break below 4380
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