SPX Eyes 6,883–6,915 Resistance as CPI Looms
$S&P 500(.SPX)$ rejected the Daily FVG, but held the weekly low with a bullish SMT vs DJI.
The 2nd wave rally likely isn't done. Expecting one more push into the Daily FVG resistance at 6,883–6,915 before the 3rd wave fires.
CPI Wednesday is now the likely catalyst.
Bearish warning: Daily close below 6,800.
Bullish warning: Daily close above 6,915.
Invalidation: 7,002.
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