See a lot of guys here have given up bearish views, given end of FOMC&Mag ERs. But real moves always come after.. when everyone is not ready. Go higher during overnight session, struggle during cash session. These days follow this pattern. It could be pattern of trend exhaustion
SPX drifting around 7440 overnight.
It should go towards Put Wall before market open. Except we have some extraordinary news that will push it towards 7500.
Then after breaching the put wall, should go lower
The last 4 days, SPX
▪ Had a negative daily return each day
▪ But the entire period was no worse than -2%
Was that bullish or bearish going forward during the 0DTE era?
I'll let you guess.