.SPX: $94,230 Resistance Line
1.
:
1, this is 38.2% retrace from the low at 80K.
2, if this is w-4, then $94,230 SHOULD stop the rebound--so far, it worked. But, the margin of error is slim.
3, if broken upward, then the current wave count has to be revised.
I think it would work.
Image
2.
BTC=$74,435
1, The W-4 will take some time to form its pattern, either a large sideway flat, or a more complex triangle--see the chart & black label.
2, I have a feeling that $Strategy(MSTR)$ 's average cost of its reserve, at the moment is $74,436, would serve as a magnet to draw it lower.
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