SPX continues to grind along the ascending resistance line, while ES remains compressed inside a wedge that should resolve soon. NDX continued to show relative strength. That is not the kind of PA bears want to see when ES and SPX are at major resistance.

Technical

For SPX, a sustained break above the ascending resistance line would open further upside. On the downside, 7.58K is the first support.

NDX has broken above the descending trendline and continues to hold above it. As long as the line holds, the short-term upside remains open. A sustained move back below it would invalidate the breakout and put 28.6K back in play.

ES is compressed between ascending resistance and a short-term ascending trendline. The wedge is running out of room. A break above the upper boundary would open further upside, while a break below the lower boundary would put 7.63K back in play, followed by 7.36K.

NQ is showing a similar structure.