S&P Market review

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The S&P 500 has been under some selling pressure we are currently sitting in between two trigger levels if we find support here and trigger bull we can see the S&P double by term end if we trigger bear we have a few gaps to fill below.

Bull Scenario

[Path 1] SPY triggers Bull to Mark Up into our Bull Targets

[Path 2] SPY finds support at our Bear Trigger to Mark Up into our Bull Trigger

Bear Scenario

[Path 1] SPY triggers Bear into our Bear Targets

[Path 2] SPY finds Resistance at our Bull Trigger and Marks Down into our Bear Targets

The pivot level is a pivot of order flow
Nota
We hit our bear target and now working our way back into our pivot level gaining that sets us up for bullish action!
Trend Analysis

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