S&P500 breaks minor trend line support, decline till 2112 likely

• Major resistance -2150 (55- 4H EMA).
   
• Minor support - 2130.
   
• The index jumped slightly till 2149 after forming a temporary bottom at 2112.90. It is currently trading around 2137.
   
• On the lower side, any break below 2130 will drag the index down till 2120/2112.90.
   
• The index major resistance is around 2150 and any indicative break above will take the index to next immediate resistance at  2165/2180 level.
   
• Minor trend reversal only above 2180.

It is good to sell on rallies around 2135-2140 with SL around 2150 for the TP of 2112