Market Timing And LevelsLevel

SPX bounce to 200 DMA then next wave down

April 3, 2026TRIGGER TRADES

Technical traders cite a bounce from a daily fair value gap into the 200 day moving average as the likely end of the correction, with the next leg down expected when markets reopen and macro catalysts hit.

$SPX pulled back to the bullish Daily FVG at 6554–6427 and bounced sharply — as warned.
Price is set for a push into the 200-DMA near 6650 to complete the correction.
Then the next wave down begins.
Monday re-open could be the catalyst
TRIGGER TRADES
SPXtechnical analysis200 DMA

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