The SPX should rally into Thursday to ~ 5301/02. This puts the potential down side target at ~ 4950 for Tuesday next week. We just saw [x] of Z of {X} yesterday (which was also a TLC low). and are now in [y] of Z of {X}. z of Z of {X} looks to be a mini panic.
The 28 year leap pattern saw Easter on the 7th of April, 1996 and then a quick down move of nearly 5% the following Monday. Powell is taking Friday when the market is taking a break and we also have the PCE report coming out.
The current rising wedge demands a mini panic of about 6.6%!
The main astro aspect Thursday is Venus sextile Uranus. Expect the unexpected with currency gyrations, interest rates surprise!
Savvy option players may need to take note of the coming mini panic! Out of the money SPX options may be worth putting a little money on this potential play. I like ~ SPY 518.0 to 521.0 SPY puts expiring Tuesday! Buy the dip move is next...