@JustinBennettfx
YouTube
Avg. Quality
76
Success Rate
41.39
Analysis
273
Correct
113
Fail
153
Pending
7
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
SPX
Long Entry
6,508.3200
2026-03-21
17:34 UTC
Target
6,771.9000
In 3 Weeks
Fail
6,312.0000
Risk/Reward
1 : 1
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Final PnL
4.05%
P/L: —
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The S&P 500 is currently in a compressed bearish trend. The analysis suggests looking for a move into premium, specifically targeting the 50% Fibonacci retracement level around 6771.9, which aligns with the daily Fair Value Gap (FVG). A break above recent highs and mitigation of this FVG, followed by a lower timeframe change of character, could signal a continuation of the trend upwards. The support level around 6312.0 is key; if broken, premium is expected to form above current highs. If the market moves into premium and mitigates the daily FVG, it could indicate a bullish shift.
