S&P 500指數
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Testing the wedge from below

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A number of confluences here as we get indications of bearishness.

  • Rejecting from the daily wedge from the bottom
  • Hourly resistance to the left
  • A rejection from the hourly kumo breakout


Things to be aware of: Tomorrow is unemployment and manufacturing PMI, which will create a catalyst that can push price in either direction. We are also flirting with a bullish 4H kumo, which can serve as turbulence from further drop. It's a good idea to look to the left and identify for any major levels.

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