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Home / Analysis / Commodity Analysis / SPX500 — Long from Daily FVG

SPX500 — Long from Daily FVG

SPX500 — Long from Daily FVG

After a few weeks of accumulation, price has printed the 3 monthly candle. We’re now aligned with the trend — and with fresh strength shown up into the new month, the draw on liquidity looks very clear from here for this week.

Zooming out, the bigger picture still has room for a larger retrace as this new 3M candle develops. But short-to-mid term, the strength this week tells me the market wants higher before that plays out. So this is a with-trend continuation long, backed by the momentum that’s just been confirmed.

The entry sits inside the Daily FVG, with invalidation below the accumulation base. As long as price holds above invalidation and respects the gap, the target remains the next major draw on liquidity to the upside.

📍 Entry Point: 7,420 – 7,440
❌ Invalidation: 7,312
🎯 TP Target: 7,666

Accumulation complete. Strength confirmed. The DOL is clear from here.

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