SPY (S&P 500 ETF) has rallied into the 390 resistance level with the first divergent high on the 60-minute chart since early Oct, thereby offering an objective short entry with a stop somewhat above the 390 resistance, ideally on a daily closing basis.

SPY 60m Oct 28th

SPY 60m Oct 28th

Likewise, /ES (S&P 500 futures) also offers an objective short entry here at downtrend line resistance with potential (unconfirmed)negative divergences on the 60-minute chart.

ES 60m Oct 28th

ES 60m Oct 28th