Based on the charts, we are likely to see a rally this week. All the (tariff) headwind that pushed the market down will just disappear and suddenly turn into happy days again. But it will reappear and push the market back down. Go figure!
To understand what I'm talking about see SPX-WEEKLY I.
SPX-WEEKLY II
SPX-WEEKLY I
SPX-DAILY II
SPX-DAILY I
SPX-120MIN
SPY-15MIN