Monday, February 6, 2023

Morning Post 02/06/2023 SPX

Good vs evil, severely evident everywhere. Good not quite getting bulldozed but getting bulldozed. 

On to the lie - 

Minis rally 10 to be off 24. SPX 4025 is the weekly number to pay attention to. Key support. SPX could move to 3800 or 3700 very quickly if this support fails. I’m kinda leaning here despite QE. My 3200 favorite target number hasn’t hit yet. 4210 remains resistance. Fairly wide lane there to play in if they want. QE active till August, so they’re in control again. 

More to come below. 

Have a good day. 

GL and GB! 

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