00:00The current SPX500 chart presents an interesting technical environment for today's session.
00:05We'll break down the market structure and discuss the areas that traders are closely watching.
00:10This video is intended for educational purposes only. We capture a short-term bearish correction
00:16within a broader bullish market structure. Higher timeframe order flow remains bullish
00:21but current 1H momentum favors sellers following a structural rejection from institutional supply.
00:26Price recently failed to forge a higher high, creating a bearish break of structure.
00:32Liquidity rests externally above 7,500, 7,580, and 7,620, while sell-side liquidity pools below
00:427,390, 7,340, and 7,300. Currently, price is retracing toward our primary institutional demand
00:52zone at 7,340 to 7,375, which serves as our main entry zone where we are waiting for mitigation,
01:01expecting the move to start once price action confirms with a liquidity sweep or lower timeframe
01:06change of character. Our invalidation level is strictly set at 7,340 for the bullish scenario,
01:12and if price breaks this, our bias changes. We have two distinct roadmap scenarios,
01:17where scenario 1 involves a bullish rebound holding the 7,340 to 7,375 demand zone with upside liquidity
01:25objectives at T1 at 7,500, T2 at 7,580, and T3 at 7,620. For scenario 2, bearish continuation,
01:36if demand fails and price closes below 7,340, downside objectives shift toward deeper liquidity
01:43with T1 at 7,300, T2 at 7,240, and T3 at 7,180. These targets will act as crucial
01:52checkpoints where
01:53institutional sellers drive the market lower, with ultimate downside objectives at T1 7,300,
01:58T2 7,240, and T3 7,180. Probability heavily favors a bullish rebound at 60%, compared to a 40%
02:08chance of bearish continuation. Patience is paramount. Waiting for mitigation and confirmation
02:14ensures high probability execution. This is an educational video, not investment advice.
02:20Follow for more, the next analysis is coming very soon.