It was rejected again at 5126 

SPX Daily Chart - The bearish crossover

@SmartReversals
The bearish crossover between the 20-day and 50-day moving averages (DMAs) has been confirmed. Price action today reached two key levels mentioned over the weekend: ℹ️50DMA: Encountered resistance at this level. ℹ️$5119: Still acting as resistance. The indecision candle at a confluence of resistance levels is something to be careful about. A free/open post for everyone covering more details for $S&P 500(.SPX)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Tesla Motors(TSLA)$ $Meta Platforms, Inc.(META)$ will be published today in Substack. Image https://twitter.com/SmartReversals/status/1785040708958568857
SPX Daily Chart - The bearish crossover

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