SPX Analysis by @pipsnipers

The video presents a technical analysis of the US stock market indices, including the S&P 500, NASDAQ 100, Russell 2000, and Dow Jones Industrial Average, with a focus on wave counts, Fibonacci levels, and key support and resistance. For the S&P 500, a backtest of the 200-day moving average is noted, followed by an expected continued move up to a supply zone around 6016-6116, with a consolidation phase before targeting 6386. For the NASDAQ, a return above a support level used since November 2023 is observed, with a deviation down to April 2026 lows, with a push toward 21835 and 22317, before wave five blow off top 24611. The Russel 2000 is seen having potential for a bullish move to reach highs with target $3000. Finally the Dow Jones is expected to find resistance on the $43700 level then continue up to a suppy zone between 44000 and 45000. The DXY is expectd to drop before to a $93 level.