Hello everyone! Today i want to share some technical analysis with you!
1.
5874 CLOSE:
(1) If $.SPX(.SPX)$ closes below 5874 by Friday, then SPX has two consecutive RED WEEKLY BARS;
(2) during this entire rally from late 2022, once SPX has two red weeks, it turns to drop more the next week, even if that week closed higher.
(3) $NVIDIA Corp(NVDA)$ 's earning would be key.
2.
MPW Mid-week Update Posted:
(1) quite some choppy moves lately, as SPX bounced between two large gaps above and below.
(2) at the weekly level, the color of this week's candle is significant--the key level is 4876.
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