Wednesday, April 30, 2025

Morning Post 04/30/2025 SPX

Good morning STB! 

God is good.

Good v evil 

On to the lie - 

Minis off 25. SPX 5600 and 50dma resistance ahead. Possible a wedge is ending here. A pullback to 5300 to backtest busted resistance diagonal is possible. Price appears to be aimlessly wandering up without conviction. Let’s see what earnings brings after close today. Lots of rumbling about a potential market altering event coming in a week or two. Not so sure about that, but we’re entering my banking issues window from a year ago. 

Have a good day.

GL and GB! 


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