$SPY S&P500 index futures EScv1: Lost support at 377EMA and Cloud Chart support zones as Trumps Trade War kicks off on Liberation Day.

 $SPY S&P500 index futures EScv1: Lost support at 377EMA and Cloud Chart support zones as Trumps Trade War kicks off on Liberation Day. Upside resistance targets remain in place for now. Downside risk towards the lows of AUG of 2024. The 11% correction is now flirting with a 14% to 16% correction overall. Significant downside risk remain in place. Short-term swing trades from key support towards resistance and shorting the rallies is the main swing trade strategy. Futures are down more than 10% since the major sell signal above the Cloud and down more than 8% since the Cloud Chart cross sell signal. Expect choppy volatile trades!