SPX Bearish SMT Signals Downside Risk Toward 6400–6350

TRIGGER TRADES
08:08

$S&P 500(.SPX)$ failed to confirm $Dow Jones(.DJI)$ ’s new high, locking in a bearish SMT divergence.

The probability has increased that the all-time high will not be exceeded, favoring the start of the next wave down to the 6400–6350 region.

An alternate path remains valid, where price tests the 50-DMA and makes one final marginal high during the seasonal “Santa Rally” window before rolling over.

However, a daily close below 6715 — the 50-DMA and Daily FVG boundary — would send the sell signal to accelerate toward those downside targets.

We sniper-called the SPX low of day immediately following the 5-wave impulse.

The roadmap was precise: Anticipate the corrective bounce into the m15 zone, then watch it fade. It played out exactly as warned.

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