Wednesday, February 4, 2026

Morning Post 02/04/2026 SPX

Good morning STB!

Whatever you imagine chaos to look like, multiply that by 5 to arrive at our current situation. 

Good v evil 

On to the lie - 

Minis up 12 after yesterday’s bad day. SPX fell to 50dma and rising terminal wedge support at 6870 and bounced. If GOOG weren’t on deck I’d be tempted to call yesterday’s candle a bearish engulfing one. There’s definitely a large force pulling down on the market rn. Not sure what percentage retail buyers are holding this up, but the smart money that wasn’t out is quietly exiting. 

Have a good day.

GL and GB! 


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