Morning Post 08/04/2023 SPX

I think we’re being rather calm as they obviously turn the heat up on the pot at this point. Like we’re the frog with a death wish or something. 

Good v evil 

On to the lie - 

Minis flat. 4500 support has some significance, but they’ve aligned price with round number to create lots of support areas. That said, a falling knife scenario would be more difficult. STB still looking at broad consolidation. Can’t pin down levels yet. Could be above, below or around 4k. I’m talking broad. Unusual that I’m struggling to nail down the next move as this rally fizzles. 

More to come below. 

Have a good weekend.

GL and GB.