Tuesday May 30, 2017: S&P 500 ($SPX) “Pausing Before Achieving Yet Another New High!”

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The S&P 500 ($SPX) after breaking key resistance at 2,405.59 on Thursday and going as high as a new all time high 2418.67 has the past two trading sessions paused on decreasing volume well over 2405.59 as its low today was as low as 2412.19. The index should now retrace back to the 2405.59 level, most likley on a lower open and then go higher again from there as it continues to head to 2500 level. 

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