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Markets set up for downside volatility

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Índice S&P 500 (SP:SPX)  
xTako  
SP:SPX   Índice S&P 500
Supply and Demand
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supplyanddemand

  • SPX has been up only since crossing previous ATHs.
  • Q1 just closed and Q2 day 1 is closing below the closest weekly levels.
  • Don't fade an upcoming price expansion (or 2) in this month.
  • Immediate key downside support for SPX is the prev ATH, which is 9% under from here.

Invalidation -
  • SPX daily close at ATHs.
Aviso legal

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