SPX bouncing off Resistance

SPX Chart

  • Dotted Lines = Wyckoff Support and Resistance based of 1W TF
    Red Rectangle = 1H Bearish Order Block (supply zone)
    Bearish divergence with BB%B (have not checked other price oscillators)
    Traded into 71% retracement (popular, i don't know why)


Expecting a drop down to at least 2730.
Chart PatternsTechnical IndicatorsorderblockretracementSPX (S&P 500 Index)Trend Analysiswyckoff

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