SPX Looks WEAK on Daily | SMC Analysis

Hey All,

These Chart Represents SMC Analysis,
I hope this might give you some insights.

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Black Dots Represent = High Timeframe Structure (Daily Chart)
Pink Dots Represent = Mid TF Structure (Hourly Chart)
Light Blue Dots Rep = Lower TF Structure (15 Min Chart)

Trendline Represents the Liquidity (Simply meant as Pool of Orders)

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🪑 Huge Liquidity (Pool of Orders) Sitting at 4200 Level 🪑

🌊Price can take (Sweep) Buy Side Liquidity, And then might continue to the Downside 🌊

⚫ Because on Daily TF (Represented by the Black Dots), We are Still on Downtrend ⚫

🔻High Probability, That the Market could continue on to the downside🔻

🤷‍♀️ If Price wants to invalidate this, Then it has to break 4300 Level, Then the Downtrend will Shift to Uptrend 🤷‍♀️



Thanks,
Happy Trading