Until yesterday, it seemed that bulls were fully in control chugging along to make new ATH or go closer to previous ATH. Seemed like SPX was breaking from ascending triangle. Looked bulllish going into this Opex close, certainly propped by good data and good tariff comments.
Now with the recent war news, and the dip we had yesterday, seems like new pattern...
AMZN showing Stair Step pattern. Looks like next leg would be low to the 1630's followed by break of 1650+. This is hourly, so expect this behavior to play out next week.
