SPX Leading the way

As SPX has been leading the way this week, today was no different. Starting off with some downward pressure seaking liquidity it found some 61.8 level and gave a really nice reaction pushing towards the previous 2 day highs but not closing above. this leads me to believe were going into a bit of a range so im looking for this rally to be short lived and possible downside Thursday. watch for a positive retail sales number as this could drive the price higher.