SPX on the M30 time-frame

S&P 500 may fall to 3985 - 3990

Our preference
Short positions below 4073.00 with targets at 3990.00 & 3985.00 in extension.

Alternative scenario
Above 4073.00 look for further upside with 4197.00 & 4299.00 as targets.

Comment
The RSI is below its neutrality area at 50%