A very silly amount of resistance this morning on the S&P / Bitcoin here:

• Qtrly pivot point

• Daily S1

• Anchored Vwaps

• 20/50 EMA's on daily

• Trend Channel

As earnings season starts to come into play, these ranges can certainly have a meaningful impact. Like I've been saying, look at what Bitcoin is doing and you will be happy with your SPX position.

BTC:

Nevertheless, the higher time frame game plan is still on given that we held key risk levels on crypto and stocks on Monday. That is where I would place my stops on longs.