S&P 500 E-mini Futures
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SPX - Wyckoff top possibility here

638
Update on the SPX, possible wyckoff top playing out here. Under 4070 and the market is going to start having some real problems.
Uwaga
we're closing under the 18ma daily, bias is down. snapshot
Uwaga
good morning, with the NVDA move last night the market finally got the bounce I thought was coming, so now we are close to a resistance zone of 4150-4160. RSI's on small time frames are reset my guess is something like this today at some point. If wrong I will update. snapshot
Uwaga
gdp and jobless claims at 830, might be the turn, let's see. if not will update
Uwaga
they keep hitting this resistance, a break above is bullish into the close. snapshot
Uwaga
tech now showing daily bear divergence, it probably goes a bit higher into tomorrow at least. The market won't drop until the megacaps do. snapshot
Uwaga
doji candle on the day, not really sure what to make of it, we didn't really follow through after getting above the mornings high. update tomorrow snapshot
Uwaga
after the numbers this morning, they tested support and held. small time frame rsi is suggesting a pullback, but 4 hr has plenty of room to run up, so it's hard to tell what's setting up. More chop may mean some beaten down stocks rally. A higher high is still not out of the question on SPX snapshot
Uwaga
snapshot maybe something like this if the top isnt in yet
Uwaga
nope, they got right up to 4170 area - the next resistance mentioned in the video. It's possible this is a B completing, hard to tell, but here's the idea if C starts here. snapshot
Uwaga
up to the gap area on SPX cash snapshot
Uwaga
gap filled, it can go higher for sure even if it's a B wave and C next week. snapshot

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