$SPX major support and resistance in the event this is helpful for any of you next week. I normally just eyeball these things and keep mental track of them. This is not every S/R level. These are major supports. Blue lines are weekly support lines and gold lines are daily support lines.
You will see that we are approaching a major support area of 4440-4450. I personally think we will bounce here and trade 4500 again this week. If we lose this support, I included the 50 EMA. That's been the bounce point the last couple of times and it aligns with daily support of 4410. Below that, it is a long way to 4370.
What I think will happen is we bounce this week, get up to 4500, struggle a bit, and then the market decide if more up or more down. These levels are probably going to be tradeable through October.
Note that there is an unfilled gap from 4450 to 4442. I bet that gap gets filled. 4450 must hold for bulls.
You don’t trade for money, you trade for freedom.