US500 4H: 7,784.93 or 7,624.47S&P 500 IndexPURPLETRADING:US500LIVERMORE333US500 4H Week Ahead Post-payrolls close on Oct 2 is 7,720.80. The EMA20/50 is on the verge of a golden cross, but treat it as a fakeout until the spread between 20 and 50 widens. Downside bias holds until a body close through resistance at 7,784.93 and the swing high at 7,817.45. Confirmation is a close below 7,624.47. 1.If the EMA20/50 rolls back into a death cross and the spread widens, 7,624.47 is in play. A close through it opens the dotted POC at 7,480. 2.If the golden cross locks in and the 20/50 spread widens, watch 7,784.93, then 7,817.45. A body close through that high puts the downside scenario on hold. Catalysts are Monday's ISM Services and Wednesday's FOMC minutes. Watch the spread, not just the cross. #US500 #SP500