SPX 6-16-2022
We see SPX and all other indices have been falling off the earth, so in this obvious down trend we have been in, which i believe will continue since this is just the beginning of the recession that is to come, so looking for possible entries to be able to catch this move is what I am looking for and as you see the POI I have marked out around 4300 area is where all my confirmations line up and where potentially we can see market end up retracing to, before we make the real move, there is plenty of liquidity, imbalance, whole numbers, market structure lines up, we just need to see what happens when we get into this area, if we even come back to this area before the dump. Before the institutions make their move they always need to fill some orders so that would be a perfect place where I am sure plenty of people have plenty of SLs, Pending orders and ect. We will see what happens and I will continue to look for high probability entries.
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