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Watching $SPX action around 7428
Curious if anyone else is watching the $SPX today. We saw a nice push up to around 7428.06 earlier, which is getting into some interesting territory on my charts from a prior swing high. If we can punch through that convincingly and hold above it by end of day, it could suggest continued strength. However, a strong rejection there, especially if we dip back below 7350, might indicate a double top scenario forming and potential for a pullback. I'm just watching for now, not making any moves, but that 7428 level feels pretty critical to me today for short-term direction.
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