SPX Targets 6785–6890 Ahead of CPI
$S&P 500(.SPX)$ crossed the SMT highs and closed above the Daily FVG + 78.6% resistances - sending a bullish signal ⚠️
The immediate bearish case is likely to be invalidated , as a marginal new high is favored for a 5th wave with targets of 6785-6825-6890 🎯
I lean bullish 📈to those targets until CPI Thursday🗓️ which could be a catalyst for a reversal if the 5th wave reaches those targets.
Below 6669 here would produce a neutral/bearish ABC up and keep the previous bear outlook alive.
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- Astrid Stephen·2025-10-22Bull signal loud, but CPI looms! Target 6825, watch 6669 support!LikeReport
- Reg Ford·2025-10-22Ride the bull till CPI!LikeReport
