SP500 OVERBOUGHT

The SP500 is in a high level of overbought after the last rally, additionally it has reached very important resistance levels, such as the MM200 (located at 3000), the same 3000 as a psychological value and the fibonacci retracement of 61.8% of the last fall. Therefore, this is not the time to make purchases and instead look for shorts in sectors / industries with technical weaknesses.