S&P500 target zone reached ✅

Took a little longer, but in the end the gap is covered. That is a factor to consider as in case SPX start correction, BTC will do the same.

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Another factor that makes me think there should be a pullback at some point - SPX has double gap on daily down to 4398. Such gaps are very attractive for revisit, although same as BTC CME, don't guarantee that move will happen immediately. SP500 has fuel to grow higher, so until it shows clear rejection BTC is relatively free to move on its own.


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Two days ago I shared my worries about SPX double gap and today it got filled.... leaving the gap again 😅 So now it should fill it on the way up. Sooner or later. Just to give you a little hopium 🤝

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Ok, so 4h candle pumped, closed the gap and dumped back 🤡 Bitcoin also didn't use that PA to pump itself.

And that is while DXY dumped huge today. So very uncertain situation 🤔

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S&P500 almost fully closed the gap I was targeting with a short. I ain't perfect, so my short is closed already. But it would be better to hold it a little longer with stop above 4485 🤔

SPX broken bullish structure on higher timeframes so if that correction continues I believe we may epxect it to go down to 4390-4410 and 4345-4360 zones

For new short entries I'd look for 4510-4515 and 4530

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New entries and all targets hit ✅✅

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Most bullish chart now is Nasdaq 👀

Sure that can end with another swing failure, but if breakout it can cover that gap and that is over 9% up - huge distance for that index.

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And this is how S&P500 closed today 🤔

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Yesterday S&P500 reached the gap from August which correlates with bearish order block at week timeframe. Nice contextual level acting as resistance so far. Today FOMC so this chart will lead and show how the market will evolve within nearest time.

Dip to 4520 ok, close below 4509 bearish, close above 4577 bullish.

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Some info to consider:
* All stock indices closed this day with a dump.
* Before that Nasdaq and Dow made new ATH and currently above 2022 open. SPX got stopped under same level.
* Nine days till this year close - above 2022 open will be bullish.

So from higher timeframe charts look pretty bullish. But the dump happened and there must be a reason. So short term expect either indices to revisit at least middle of last week body (e.g. NDX ~16346) and after that either bounce for bullish breakout or collapse towards swing equilibrium (e.g. NDX ~15460)

P.S. Got stopped out of my long taken on last breakout.

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