a short excerpt from the report 👇

.." $SPY is trading around 749, just below the key 750 Accel level. I see 750 as the main pivot here. If SPY reclaims and holds above it, the door opens for a short term rebound. But as long as it remains below 750, the downside risk toward the 740 downward Accel zone stays alive.
Above, 750 is the first level to reclaim, while the stronger resistance is the 757 call wall. In my view, it is difficult to say that the market has regained real momentum unless SPY can break and hold above 757.
On the downside, 740 is the level I am watching most closely. A move below 740 could accelerate selling pressure and turn today’s risk off pricing into a broader market correction."