6500 huge level for S&P
After that it’s kinda 6000-6200 but I’d argue this is more important
Basically what has capped downside the past 6 months of this “range” and coincides with weekly 50ma I like to check
In isolation it won’t matter ofc but let’s say trump abruptly decides to begin withdrawing from Iran. If we bounce and then fizzle out to still lose this level you run for the hills.
I’ve still not deployed into spot cuz idk there were reasons for capped upside before the war as I said, I just need some trigger or dominant narrative for me to assume sustained upside is possible again
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