The S&P sell before the NFPWe are expecting a drop in the S&P later tonight based on what the charts are telling us.
1) The high of S&P is at 6118 and 6130.
2) There is a pattern to sell at the current level of 6080.
3) Yesterday's high to resist the trade.
4) H1 divergence present as well
The optimistic target is 5930 (1:3 risk to reward). We will monitor and post updates here as the trade moves.