SPX: Sept, week 1 inclined turn n burn

Scenario Analysis:
market has potential to retrace back to 5620 area = (-0.52%) retracement,
Market has potential to continue inclinging around 0.64% @5670 (just under last month high) /5680 area where bulls will see new high, then a retracement maybe

Retracement expected to be 35% - 40% support area @5637.43, and 5629.71

May see stagflation (W) price-action potential opportunity

(Week 2 of sep)
may see close to 2.00% Incline or decline after retracement (expect incline)

Objective & Targets:

follow incline by 0.64% prepare for possible retracement thereafter.

Support & Resistance Levels:

Support: 5629.61, 5648.39, 5616.24
Resistance: 5668.64, 5658.15, 5683.48