Bear Pressure Remains (Key Levels to Watch - SPX, NDX)

Tuesday - Bear Candle breaking support
Wednesday - weak re-test of the support (now becoming resistance)

Bearish pressure remains firm with key levels lower on the major indexes.

Near-term bearish until price proves otherwise. Taking stops, protecting profits and managing hedges.

JPY "unwinding" is also back on the radar. I'll be watching the JPY strength and Nikkei correlation. I still hold long FXY through 2026 (call options)

Thanks for watching!!!