S&P500 Hitting Major Resistance, Will SPY, Apple And Microsoft Tumble?

The S&P hit major resistance and then closed below giving bears the edge - the next candle close on the daily is very important as it could determine the near term price action.

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TODAY is a key day for the SPY because the S&P hit major resistance and then closed below giving bears the edge - the next candle close on the daily is very important as it could determine the near-term price action.

Apple and Microsoft are into major resistance with a long-term trendlines increasing the probabilities that the markets will pull back.

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