$SPX closed ~1% above its DMA 50 (2,808) after holding ascending EMA 21 support (2,740) on Tuesday.
Continued upward consolidation could point to the test of supply at 61.8% retrace (2,935). 
MACD now slightly &gt; 0 and volatility exited backwardation. 

https://t.co/BBHdek5z4S https://t.co/Tl6LXPe3sP