FxWirePro: S&P 500 breaks minor trend line support, dip till 2543 likely

• S&P has formed a temporary top around 2596 and is showing a minor decline from that level.  The index broken minor trend line support at 2581 and declined till 2573. It is currently trading around 2575.
   
• The index is facing strong resistance around 2602 (161.8% retracement of 2579 and 2543) and any break above confirms further bullish continuation. Any break above will take the S&P500 till 2615 (161.8% retracement of 2596 and 2565)/2630.
   
• The near term support is around 2565 (Nov 9th low) and any break below will drag the index down till 2550/2543 (Oct 25th 2017 low).

It is good to sell on rallies around 2580-2585 with SL around 2602 for the TP of 2551/2453.