Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 4002.25, where the overlap support is. Stop loss will be at 3949.06, where the 61.8% Fibonacci line is. Take profit will be at 4107.31, where the overlap resistance and 78.6% Fibonacci line is.
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Pump it lets go. This " recession to end all recessions" and black swan everyone somehow "saw coming" but was late but it promises it'll be there soon, is getting OLD. Inflation to 4% and then swept back under the rug. Sp500 is 4500 value. Thorry fomo bears.