$SPX weekly chart has broken key technical and ins
Post# of 145087
(Total Views: 199)
Posted On: 04/06/2025 12:07:16 AM
$SPX weekly chart has broken key technical and institutional support levels, backed by volume and momentum. JPM’s June 30 collar positioning confirms a likely gravity zone around 4,460, which aligns perfectly with technical Fib levels.
My call:
???? Short- and medium-term bearish bias confirmed.
???? Long-term risk still manageable above 3,800, but macro factors (inflation, rates, earnings) must stabilize to avoid cascading drawdown.
https://pro.x.com/SPXtrader22/status/19087294...65/photo/1
My call:
???? Short- and medium-term bearish bias confirmed.
???? Long-term risk still manageable above 3,800, but macro factors (inflation, rates, earnings) must stabilize to avoid cascading drawdown.
https://pro.x.com/SPXtrader22/status/19087294...65/photo/1
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