If SPX manages to retest the range where it broke down from, would offer a nice entry for a short with invalidation above 2936.
I shorted higher up, and am looking to add to position if we get it. Far out target is low 2600, maybe even a quick panic dip below there that will get reclaimed within a few hours.
Weekly close below 6612.5 is bearish, and if we lose that as support expecting us to break the 2019 low.
Now consolidating and seems to be finding support, at most expecting a rally up to liquidate late shorters.
Weekly close above 8317 would open up a possibility for a test of 9k.
Ideally we see a pump to 8K and then a rejection, to ride the Bitcoin...
I couldn't help but notice the clean equal highs on ETH. If we close above 227.50 and find support there, I will long with the expectation that these highs will be taken out. If we close below 223, I will short with first target being the recent low of 29th September.