Indeks S&P 500
Panjang

Spring Loaded Wedge? Let the setup come to you! $SPX

127
Lowkey top watch for the next few weeks!

It was a chop zone last week = consolidation? Now zooming out, it’s looking like a loaded wedge/flag forming. A lot of bearish sentiment, tariff talks and unknown lately but this is looking mighty interesting of a formation. Volume also slowly declining, wondering if we’re setting up for once a decision/mutual agreement is made with US, China + others involved.

Green ray is my ENTRY: 5372.44
*Also eyeing 5329.66*

- For potential upside. We have a few gams above to also fill and can magnet upwards if we get news, volume etc.

Looking for the banger* here - of course, things are still brewing. Note this is the HOURLY timeframe. Wait for the setup to come!

Let me know your thoughts! Appreciate any insight. Do your DD! #NFA SPY SPX

Penafian

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