Markets set up for downside volatility xTakoによるSP:SPXの分析 — TradingView

Supply and Demand

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.

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