SP500 - 🐻🐻🐻 Reload Zone
After last week's red close, the SP is retracing back into the area where the bears will look to reload or position themselves.
Failure to fend off the bulls here will ignite a counter rally which could break through the recent downtrend resistance.
My bias is further weakness while 4008-4028 remains intact on the weekly timeframe.
Failure to fend off the bulls here will ignite a counter rally which could break through the recent downtrend resistance.
My bias is further weakness while 4008-4028 remains intact on the weekly timeframe.
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