S&P close to 3000 key res 200sma -- strategy?

Giovanni218 said:
Kind of surprised the high of day was in the first 20 mins and we never challenged them . Those 3 x bear funds are really on life support many in single digits.
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Good point, though SQQQ LABD bounced. Many days posting gains recently have had similar gap up then sideways moves. Not sure what to make of that.
 
News was"Large month end re balancing 30 bio. Short spooz above 3000".
Didnt quite get bio connections assumed biotech and checked REGN was down nearly 30. picked up a modest 10. Up 100 post close.
 
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