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No Santa Rally but Santa Consolidation for SP500

S&P 500 E-mini Futures (CME_MINI:ES1!)  
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CME_MINI:ES1!   S&P 500 E-mini Futures
Support and Resistance S&P 500 (SPX500) SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY)
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supportandresistance spx500 spx spy
The S&P 500 continues to trade within the range and below key descending trend line during the festive period.

As mentioned, price breaking out of the 3815 will indicate more bearish tone while breaking out of 3915 will be more bullish.

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