$SPX Is One Close Away From a Buy Signal
$S&P 500(.SPX)$ invalidated the triangle.
Then EXPANDED it.
The flush traced a bullish ABC down and respected Daily FVG support.
Bullish SMT with $NASDAQ 100(NDX)$ at last week's low as confluence.
Chop into FOMC, then W5 finally unleashes.
Bulls still get the edge.
Lose the support on a daily close and there's nothing left to bounce from though.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2609(ESmain)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2609(NQmain)$ $Dow Jones(.DJI)$
I Said a Few Days Ago:
$SPX produced the bounce bulls needed.
Now retesting the bearish Daily FVG resistance at 7527.
Daily close above it → BUY SIGNAL → new all-time highs.
Triangle low still holds.
Lean: we invert this resistance tomorrow.
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