.SPX: What's Going on Next After Announcement?

Hello everyone! Today i want to share some techncial analysis with you!

1.

Liberation Day Trading: $S&P 500(.SPX)$

(1) SPX future is mildly red now, but the previous two session's gaps were all filled;

(2) if my roadmap is right, then trmw's small gap-down SHOULD NOT BE FILLED, hence kicked off 2nd leg of w-3/c.

(3) over 5650, I will be cautious; pass 5670, I am out.

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2.

4pm EST Liberation Time:

(1) well, the stock market-savvy president has moved the announcement time from 3:00pm, which released earlier, to 4:00pm, after market closes.

(2) so, tmrw would be another yo-yo day with various rumors and leaks. The real show will be on Thur & Fri.😵‍💫

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3.

April Fool's Moves: $SPDR S&P 500 ETF Trust(SPY)$

(1) can't justify or rationalize the intra-day one-way pump & dump--other than that the market is trying to dupe the majority of traders.

(2) traditional TA & EWT methods become unreliable, in the face of a Cat-5 hurricane, named "Liberation Day." Seatbelt.

(3) The late day pump does complicate the bearish picture a bit, but I won't be worried or exit my large bearish position until / unless 5670 is bettered. -- I give it a very slim chance to happen, but who knows what "deal" may be announced tmrw.

(4) Trump was worried about the market reaction, as the new comment from Press Secretary revealed today; this concern may change his Scorched Earth tariff stance, and give countries further extension to adjust policies. If this "the whole world is watching" event turns into another episode of this long-series of back-and-forth, the market may stage a counter rally to higher level. I am keeping this scenario in the back of my mind and will react accordingly, if that is the case.

(5) still, no material change to my original roadmap for the bearish case--the invalidation point for my position is 5670 for SPX. Still holding my 4/11 SPY 560 positions, as well as some 4/4 SPY 559 puts entered today around 5640.

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