Salaam
It seems S&P broke a long time ascending trend line, it may be returning back in this candle and make it a false break but if it keeps lower than the trend line, the fall will interact with the crypto market and go it downside as @JustinBennettFX told several times.
If gone to 8% pullback, it interacts much higher in the crypto market.
Close this 4h candle below the trendline will confirm the breakout.
Good luck,
It seems S&P broke a long time ascending trend line, it may be returning back in this candle and make it a false break but if it keeps lower than the trend line, the fall will interact with the crypto market and go it downside as @JustinBennettFX told several times.
If gone to 8% pullback, it interacts much higher in the crypto market.
Close this 4h candle below the trendline will confirm the breakout.
Good luck,
