Indeks S&P 500
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SPX500 getting absorbed by sellers!

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Hey tradomanics,

currently we see an inceberg-order and absorptionat the top of the day.

As long as aggressive sellers dont appear price wont drop as limit-orders can`t move the market, but we know we have a strong resistance here!

Overall a fakeout-zone so watch this price carefully! A another fakeout above this orderblock could provide more liquidity to the sellers.

Current situation is not very clear but buyers tend to exthaust so a drop is likely!

What do you think?
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Here we go!

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