SNP 500 - SPX

The SPX his it's resistance at 61% and retraced yesterday - Today's candle is trading outside the channel.

Multiple resistances at the upside. We've got two clustered confluences on the downside where the SNP can take support

Watch for these levels - 1210 - 1180 & 1140 strong support. Below this we can expect the downtrend to resume. Alternatively it could be headed higher after testing 1140