🚨 S&P 500 AT CRITICAL JUNCTURE! WATCH THIS MOVE!

The S&P is facing rejection off the wedge resistance trendline while Ichimoku Cloud acts as support. Expect potential downside pressure from here.

• If the index breaks above resistance, the pattern is instantly invalidated.

• Strong correlation means this dictates overall crypto risk sentiment.

• Monitor price action closely for the next major move.

This will set the tone for the entire crypto market.

#SP500 #MarketSentiment #RiskOnRiskOff #Crypto šŸ“‰