Wednesday, September 25, 2024

Morning Post 09/25/2025 SPX

Manufactured chaos and division 

Good v evil 

On to the lie - 

Minis flat. Technically - the rising wedge off the November low terminates around SPX 5800 in the second week of October. Wedge support has failed twice and is in its second backtest of failed support. 5250 - 5100 would be target if things should turn. If you’re into fraud and greed, the newly established lower rising wedge support diagonal from the recent failure extends the wedge well into next year (see my weekly chart) as it extends gains above wedge resistance off the 2020 lows. SPX weekly indicators were about to fail and monthly are maxed out .

More to come below. 

Have a good day. 

GL and GB! 


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