$SPX $SPY Analysis, Key levels, and Targets

SPX SPY Analysis, Key levels, and Targets

So on the weekly timeframe…. SPX got slapped back under the ichimoku cloud… and the 50MA is holding it down…

In my opinion today was just a dead cat bounce off of the 200MA on the daily chart.

Next support level around 3760

Not a big update today, just some observations on the bigger timeframes…
Have fun trading tomorrow…. It has been a fun week so far… let’s see how the week closes…