CHART-II
- Price tried to go through the resistance level mentioned in the below chart. But reversed and closed below the resistance level (1219 - 1227).
CHART-I
- S&P 500 is approaching resistance level in weekly chart.
- Resistance is between 1219 and 1227 levels.
- getting resisted here can give a short trade for bears.
- For bulls closing above this level may give 1250 area.
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