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S&P 500 Index

Bear Pressure Remains (Key Levels to Watch - SPX, NDX)

118
Tuesday - Bear Candle breaking support
Wednesday - weak re-test of the support (now becoming resistance)

Bearish pressure remains firm with key levels lower on the major indexes.

Near-term bearish until price proves otherwise. Taking stops, protecting profits and managing hedges.

JPY "unwinding" is also back on the radar. I'll be watching the JPY strength and Nikkei correlation. I still hold long FXY through 2026 (call options)

Thanks for watching!!!
ChrisPulver
Chris Pulver
Also on:
BTCUSDChart PatternsNASDAQ 100 CFDQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisWave AnalysisXAUUSD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BTCUSDChart PatternsNASDAQ 100 CFDQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisWave AnalysisXAUUSD
ChrisPulver
Chris Pulver
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.