Two Possibilities To Open Sell Position On SPX500 18/02/2019

From the left, we can see the price has just arrived in a great fresh supply level, the first option is to open a sell position at the current price, the second option Is to wait and see if the price will break out the support zone below if that happened I'll loom for price action setup of sell position, in both cases my Target will be the demand at the bottom, and both cases are relevant for a swing traders.