The S&P 500 index is trading at a resistance of 2932 to 2950 respectively marked with red broken lines on the chart. Since Sept 2018 it has fallen from this level 8 times and this is the 9th attempt. So on 4hrs chart, a close above or between 2885 and 2900 will be considered positive. Once a strong close above 2954 we can see a 50 points jump in this counter.
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It is trading above and the between levels as mentioned above. This is the 10th attempt today near the resistance. Let's see what happens next!!!
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as mentioned it respected both the upper and the down levels... cracked 2900 it went down cracked 2954 it went up!!!