4000 has become an important level

spx futures 4000 has gone from a psychological level to a very important technical level. auto fib extend and auto vwap are telling me we have retraced enough for 4000 or just above to be stiff resistance in different paths or areas marked out with brush or horizontal lines.

Kommentar:

this is the wave analysis of the current hourly pattern

we are at the end of correction wave and potentially beginning of larger move down daily

Kommentar:

we are approaching oversold stoch rsi bullish divergence and peak negative ao