View for the week on $SPY $SPX

Looks like there's a big reject bar above $6060 cutoff on responsive selling, we'd be careful about a fade back to $5990 cutoff again

This current level has acted as heavy resistance over the past couple of months, and the current information biases don't support a case for the $ES to continue higher

Of course there is the inauguration effect, where $BTC Bitcoin seems to be giving us a bullish signal for equities

$DXY dollar selloff to trigger a $TLT $TNX bond rally is also an encouraging sign, so $6100 is also possible in this case, giving us a 100 point range to work with ☕️
#SPY #SPX