Blood on the Street Next Week, S&P Drop incoming

I had expected to see the index start falling this past week, so it was surprising to see it rise in such aggressive bursts, even leaving gaps preceding the last three days' openings. This displayed great strength which, Im expecting, induced many investors to go long. This in my view is just as intended to trap them and close them out on a loss this upcoming week by breaking down sharply and filling out the gaps left behind.

As a confirmation of this I'm awaiting to see it move below Friday's low which should really tip the price pressure lower after initially catching some of Friday's longs and generating momentum on those liquidations.

Ideally, the price won't revisit the high at 6,055 but the ultimate invalidation point is at the all-time high.

Happy Trading :)