SPX - watch for backtest of 18ma

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Futures sold off last night, but the rsi is starting to get somewhat low on smaller time frames. We are currently under the 18ma around (4k) and close to support at 3940, so a small sell off at open may be bought up quickly. I expect they will try to recapture the 18ma today and ultimately fail to do so. Main target is still 3900 and they could just sell straight to that level, but a bounce first would make sense to confuse traders. Good luck!
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potential bear flag takes us to 3900, so maybe no bounce. Personally taking some profit at open and letting the rest ride either way it goes.

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Regardless of bounce today or tomorrow (I do expect some fighting first), SPY target is the 18/10 ma on the weekly chart - currently at about 390. Strong support 快照
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hard breakdown, getting close to 18/10 weekly cluster. Taking some off the table.

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also close to daily BB, a bear flag in this area would make sense. 快照
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SPY 389 area strong support, many are looking at this I'm sure. 快照
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qqq support also close 快照
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potential structural support if 3900 doesn't hold 快照
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2 hr hidden bull divergence, it may reach the orange trendline but taking a few longs on spy - very slowly - for a bounce, not much

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not expecting too much of a bounce - spy 392-394 maybe tomorrow or monday, then lower 快照
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structural trendline reached 快照
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