Do read what I wrote for DAX. But overall SPX made an ugly reversal candle. Price is still basing above the OP for now. Would like to see a possible pullback before further down; that should be the probable scenario. 4422 will be the level to watch for the next move down. If for whatever reason price instead trade to 4444 before Powell speech, look for a good short.

On the downside, the BZ would be below acting as support. 4358, 4338 and 4303 as a double support (could act as magnet too).

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