SPY
SPX
/es immediate target price in case of bearish scenario is 3885, and then 3863 because:
RSI is overbought on the 30m chart.
Price rejected by MA200 on 30m chart.
clear Bearish divergence Volume/Price
The price at this level has no support, so if it opens with gap-ups, my bullish price target is 3953.
It looks like a bull trap; before ringing the bell, many people opened long positions so magic could happen.
Trade closed: target reached
