[SPX 4H] Price Holding at Resistance... Can't Clear the Gap!
My 'No Man's Land' idea still holding up quite nice here!
![[SPX 1D] In 'No Man's Land', Fri Gap Up Jumped Major Support...](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
So is my 'June Crash Map' (still got a couple weeks for this to start lookin real sick B) )...
My resistance lines from weeks ago still holding up nicely here.
Massive TRIN upchannel still looking beautiful... keep an eye for a pop over 2!
I don't see what could move this higher by EOW. Fed/Media/Big Money already blew their load Monday to little affair, they only moved it up by one resistance line and still got trapped at Island Reversal gap.
Law of diminishing returns kicking in much harder than they probably hoped.
Data science and financial logic is finally dismantling the FOMO. Market will crash within days, not weeks at this point.
You're insane if you're going long into July. Period. Odds and Risk/Reward way out of your favor here.
Happy harvests!
![[SPX 1D] In 'No Man's Land', Fri Gap Up Jumped Major Support...](https://s3.tradingview.com/q/QqXSeauN_big.png)
So is my 'June Crash Map' (still got a couple weeks for this to start lookin real sick B) )...
![[SPX] June Crash Map... Wheeeeeeeeee!](https://s3.tradingview.com/a/AjtNQuVM_big.png)
My resistance lines from weeks ago still holding up nicely here.
Massive TRIN upchannel still looking beautiful... keep an eye for a pop over 2!
I don't see what could move this higher by EOW. Fed/Media/Big Money already blew their load Monday to little affair, they only moved it up by one resistance line and still got trapped at Island Reversal gap.
Law of diminishing returns kicking in much harder than they probably hoped.
Data science and financial logic is finally dismantling the FOMO. Market will crash within days, not weeks at this point.
You're insane if you're going long into July. Period. Odds and Risk/Reward way out of your favor here.
Happy harvests!
Data analyst with a passion for best fit lines B)
