Optimal Short Zone at 6883–6915 as SPX Approaches Key Daily FVG
$S&P 500(.SPX)$ kissed the 61.8% retrace and respected ~6811 FVG resistance.
The 2nd wave is either complete or one leg away from terminating.
Leaning toward one more push higher, but CPI can change that fast.
An H4 iFVG favors it — and CPI tomorrow becomes the catalyst for the 3rd wave decline into the Monthly FVG at 6550.
But the cleaner setup is a push into 6883–6915 — the Daily FVG that already rejected price twice.
▸ That's the optimal short zone.
H4 FVG at 6760–6734 is the decision zone.
▸ Holds — another leg higher.
▸ Inverts — 3rd wave is underway.
CPI decides.
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