Indeks S&P 500

SPX - SHORT

248
Price is reaching previous weekly high. We can see two scenarios unfolding here at this key level. Either the bulls will continue their bullish run by breaking above this level and continuing to the upside to 5100 or bears will take control and push price back down to 4582. We will have to wait to see what price will show us before taking an entry. Will update once I have seen confirmation to either side.

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