- SPX is trading in a range of 10 points from 1314 - 1324
- Price is trading close to the resistance line in weekly chart as shown in second chart. So breakout from current levels may not give bigger gains.
- Price is trading with negative divergence that is yet to give a major correction for quite some time now. So price confirmation by breaking the trend line will give a good short trade in the coming day's.
- IMPORTANT RESISTANCE LEVEL FOR DOW
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