The SP500.I is currently at major overhead resistance and has from a longer term perspective been making lower highs and lower lows for a year now. With the April 20 peak and the subsequent bounce risk/reward is looking quite interesting for a short position and at first a move into the May lows at around 2045.
from Tools feed https://www.tradingfloor.com/posts/attractive-risk-reward-for-sp500-bears-ahead-of-data-7688479?utm_medium=tf4-feed&utm_source=extract
Attractive risk/reward for SP500 bears ahead of data
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