“Sell the News” Setup Builds as SPX Completes B-Wave Rally
Sell the news.
$S&P 500(.SPX)$ paused exactly where it should.
Daily FVG resistance.
A = C equality.
Still inside the corrective channel.
This is a B-Wave rally → another leg down is loading.
Tomorrow is a digestion day into CPI.
Friday is when this rally gets SOLD.
The bullish Daily FVG is already in place to invert.
→ An inversion sends the higher degree SELL SIGNAL.
Next: $SPY forms a bullish Daily FVG on this push.
Inversion of that gap = sell signal for the next wave down.
→ Catalyst: CPI Friday.
Leaning sell-the-news ~ pending confirmation.
New levels. Same outcome.
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