PermaFader

$ES | $SPX Weekly Plan | March 30 - April 3 🟥 Daily: OTFD 🟥 Weekly: OTFD 🟥 Monthly: OTFD The key this shortened week is to monitor whether sellers can maintain downside momentum following late-week weakness, which kicked off with a directional move from the high volume node at 6635. Immediate focus is on Friday’s double distribution trend day, which formed after a sustained true gap down, with single prints at 6446. A weak response would see value building within Friday’s range, accepting the move from value and rejecting attempts to reclaim the 6520.25 gap. This would open the door to a bearish continuation, primarily targeting a 10% correction. Failure to do so, with Friday’s gap failing to hold and price accepting back within Thursday’s range, would set the stage for a return to 6635, the pivotal high volume node that buyers need to reclaim to potentially shift the tone in the auction. Be observant: The auction has moved significantly away from multiple value references, meaning an immediate downside continuation that fails could trigger a notable short-covering rally.

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We want one more all time highs. $7000 for S&P 500 Everyone cheering that. Let's do it- $SPX $SPY