$SPX Exit Stage Left

We have several things going on with the SPX Right now. Some say its a bullflag, Some say it's a head and shoulders.

The simplest explanation often being the best, SPX is testing a downtrend line that was formed as a result of price action continuously rejecting at a Supply Level.

Price is consolidating, however with the aggressive short attack on the SPX at the close Friday, valuations being in the clouds and meme coin holders being rugged by world leaders, I would say there is a more than fair chance all this stupidity marks a top.

With a very dubious and undecided CCI, weather we break above first or break lower first does not matter. We are going down.

First target is a closing of that huge Wide open space at 5850. Then Liquidity at 5700 and a third target at 5400.

We will see after that.

Don't forget to Short the BANKNIFTY too...