I called the low in equities on Wednesday, and SPX bounced sharply from there. Price is back pressing the recent highs around 7.6K, but the rising red resistance line still sits overhead.

A sustained close above 7.6K opens the door to the red trendline around 7.7K. If SPX fails to clear that area, 7.27K remains the first support. A confirmed break below 7.27K opens the door to 7.11K.

NDX is still holding the ascending trendline despite the surge in yields, but price remains capped by the descending trendline around 30K. The wedge should resolve over the next two weeks.

Hold the ascending trendline and NDX can make another run at 30K. A confirmed break above the descending trendline opens the door to 30.7K. A sustained break below the ascending trendline shifts the path toward 28.6K. Below 28.6K, 26.1K is next.

ES followed the same path and is back pressing the recent highs around 7.6K. Bulls need a sustained close above those highs to bring the red resistance line around 7.7K into play.

7.36K is the first support for ES. As long as it holds, another push higher remains in play. A sustained break below 7.36K opens the door to 7.14K.