SPX Tests FVG Resistance, Bearish Setup Targets 6,550
$S&P 500(.SPX)$ rallied into the Daily FVG at 6,883–6,915 — the same resistance zone that keeps rejecting price.
The ideal setup: price pushes deeper into this zone tomorrow, forms a bullish Daily FVG, then inverts it for the sell signal to trigger the 3rd wave decline to 6,550.
NFP Friday is the likely catalyst.
Warning: Daily close above 6,915.
Invalidation: 7,002.
The setup is loading.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2603(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2603(NQmain)$ $Dow Jones(.DJI)$ $iShares Russell 2000 ETF(IWM)$
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