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FiboSwanny

Price Rising into Critical Resistance for SP500.. sell level!

Long
FiboSwanny  
CME:SP1!   None
Trend Analysis Chart Patterns Technical Indicators Support and Resistance trend short SELL ADX Fibonacci Retracement
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trendanalysis chartpattern indicator supportandresistance trend short sell adx fibonacciretracement
Watch the intersection of the bearish trend line and the 61.8% Fibo level. This resistance point should hold.

The price is rising on falling momentum, which is a signal for a stall near resistance. The bears still control the long-term trend as the bulls complete a nice correction.

Thoughts?
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