TrainingTrader

S&P500 fails to break above KEY RESISTANCE

CME_MINI:ES1!   S&P 500 E-mini Futures
The S&P500 retested the resistance zone again but failed and closed off the week in the red.

However, this is still considered a healthy retracement as bullish bias still remains.

If price were to breakout below 4050 support region, it can potential move back into the range, towards the 3963 region.

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