SPX low was right at the CPI opening gap candle low (LOD)
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Needs below today's lows to confirm the move down, then should test low 3800
There is a big SPY put wall at 3800, so I expect it to hold and close around 385 or so
There is a big SPY put wall at 3800, so I expect it to hold and close around 385 or so
Nota
Strong support at 3784-79 if it gets below 3800Nota
Look at that Nov 8th gap at 3828SPX, should act as a support, 3808SPX is next
Nota
Nov 8th gap is closed, expect support there for a bit.Ideally we still see low 3800
Nota
If no low 3800 today then Have a Great Weekend Everyone!
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