The S&P500 is at major resistance. Horizontal resistance from previous peaks in 2018 and 2019, the cloud of resistance and the 61.8 % fib retracement. As I've been saying, I continue to believe that the S&P 500 would get rejection at either the 50 % or 61.8 % fib retracements. There is significant resistance in that area.
See the video on this chart at: thechartpatterntrader.com/
See my public chart list here: stockcharts.com/public/1092905
See the video on this chart at: thechartpatterntrader.com/
See my public chart list here: stockcharts.com/public/1092905
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