Chart pattern- Double top (2900 level)
S&P500 is trading lower after a minor pullback till the 2894 level. The minor trend remains on the downside as long as resistance 2900 holds. The index has formed a temporary top around 3392 and started to decline from that level. It is currently trading around 2871.6.
The near term support stands at 2850 (200-H MA), any closing below on an hourly basis will drag down till 2823 (61.8% fib)/2798. The major sell-off will happen only if it breaks 2779 (May 3rd low).
The immediate resistance is around 2900, any indicative break above targets 2926/2950/2972.
It is good to sell on rallies around 2885-90 with SL around 2929 for the TP of 2802/2780.


FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: USD/JPY on nervous hold around 160.00
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro- Woodies pivot (Major)
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption 



