$S&P 500(.SPX)$ 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

$Dow Jones(.DJI)$ is repeating the same isolated blow-off pattern from November — ripping above ATHs while $NASDAQ 100(NDX)$ and $S&P 500(.SPX)$ refuse to confirm.Last time this happened, SPX and NDX dropped 5–7%.Major tops form when leadership fades — not when everything moves together. At the open, our bias was firmly bearish on $E-mini Nasdaq 100 - main 2512(NQmain)$ following a completed 5-wave decline, with the PDL as the primary objective.I noted we likely see an opening bounce into H1 FVG resistance (25621.75–25651) to reject — or a direct extension lower to the PDL.Price followed that roadmap precisely.Thi

After forming a bearish SMT divergence at all-time highs, $S&P 500(.SPX)$ confirmed weakness by closing below the last bullish delivery candle from the FOMC rally — a bearish CISD.Yesterday’s move now looks like a false breakout, with price producing a bearish 5-wave decline from the high.If this continues, I expect today’s low to get crossed with downside risk extending toward a 50-DMA retest, and confirmation accelerating on a close below 6715 (Daily FVG). This sets the stage for a sharper leg lower into the 6400–6350 zone. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

We’ve got a bearish SMT divergence at all-time highs: $Dow Jones(.DJI)$ just printed a new high while $S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ did not.This kind of desynchronization is classic topping behavior.SPX can still stretch to fresh ATHs, but my lean is that NDX fails to confirm, preserving the divergence and setting the stage for a bearish reversal. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $E-mini Nasdaq 100 - main 2512(NQmain)$ $Invesco QQQ(QQQ)$

Today’s $S&P 500(.SPX)$ bounce was nothing more than a corrective 3-wave rally inside a larger 5-wave bearish decline. The structure is primed to drive price straight into last week’s 6800 low/support.With the bearish SMT at the Nov 12 high still firmly intact and intraday structure deteriorating, the bearish setup is not just valid—it’s strengthening.A close below 6715 ignites the downtrend and opens the move into 6400–6350 with high conviction. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $E-mini Nasdaq 100 - main 2512(NQmain)$ $NASDAQ 100(N

A 25% $S&P 500(.SPX)$ correction is set up — and the trigger window opens tomorrow.SPX is primed for a major Wave-4 retracement of the entire 2020–2025 advance.The target range is 5500–5100, with a break below 6550 triggering the decline.Crucially, this zone aligns perfectly with the 200-week moving average — a level untouched since the 2022 lows.This is the moment in the cycle when things break. $E-mini S&P 500 - main 2512(ESmain)$ $E-mini Nasdaq 100 - main 2512(NQmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $Dow Jones(.DJI)$<

$S&P 500(.SPX)$ made a new high above the Nov 12 pivot, but $DJI failed to confirm, locking in a clear bearish SMT divergence.Today’s flush confirmed that signal and momentum now favors direct downside into the PWL at 6800.A Daily close below 6715 triggers the sell signal, targeting 6350 for a 3rd-wave flush — my lean.Yes, the 6800 area could support a marginal new high, but the structure, divergence, and follow-through all point to the 3rd-wave decline already beginning. Picked apart $E-mini S&P 500 - main 2512(ESmain)$ today. Called the bearish reversal to kick off the week and we’re already halfway to last week’s low.Also nailed the intraday dump and the bounce into the close. For SG users

$S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ now hold a bearish SMT divergence at the Nov 12 high — the same level where $Dow Jones(.DJI)$ peaked. At the same time, both NDX and DJI are rejecting from Daily FVG resistance, adding confluence for a potential reversal.Even with price hovering near new highs, my lean remains that we see a pullback into the Dec 10 FOMC.For confirmation, SPX still needs a daily close below 6812 to validate the bearish divergence, while a close below 6715 triggers the full sell signal. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as we

As anticipated, $S&P 500(.SPX)$ just confirmed that the rally off the Nov 21 low was corrective, unfolding as a clear ABC advance.Price now carries a potential 5-down, 3-up bearish structure — implying the top may already be in.But confirmation still matters: a daily close below 6812 is the first bearish shift, while a close below 6715 activates the full sell trigger.Confidence in the bear case holds as long as today’s 6866 high is not exceeded. A move above that level would increase odds that price trades directly into a new high first. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $E

Although $S&P 500(.SPX)$ made a new high, the choppy consolidation formed a triangle — a bearish tell, since triangles typically precede the final move of an A-B-C sequence rather than an impulsive expansion.I’m cautious here, watching for a reversal that could set the next leg down.Bulls still control the tape, but a close below 6812 is the first bearish shift, with a close under 6715 confirming the sell signal. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $E-mini Nasdaq 100 - main 2512(NQmain)$ $NASDAQ 100(NDX)$

$iShares 20+ Year Treasury Bond ETF(TLT)$ at record short interest.Treasuries are setting up for a SHORT SQUEEZE into 2026 — right as as equities line up for a 25% drawdown.Bonds UP. Stocks DOWN. As I said NOV that：5-wave decline 2020 →2023 for Wave A done✅ Wave B rally to 96-108 locked (RSI div + Golden Cross) Wave C Decline to 63 (Aligns with $SPX blow-off phase)Risk-off rotation already live → 2025-26 correction confirmed. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed usi

$S&P 500(.SPX)$ is holding inside the 6820–6715 FVG support, but I'm still leaning lower from here.Though the downside still needs confirmation. A close below 6,776 would mark the first bear shift, while a close below 6,715 is the true sell signal that confirms the next leg down.Until those breaks happen, bulls can still defend this support zone for a bounce toward 6,950–7,000 into FOMC. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $E-mini Nasdaq 100 - main 2512(NQmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(

For the past 5 years, $S&P 500(.SPX)$ $NASDAQ 100(NDX)$ $Dow Jones(.DJI)$ have all topped inside the same Nov–Feb window.Here’s how each cycle lined up:- Dec 2019–Feb 2020- Nov 2021–Jan 2022- Dec 2024–Feb 2025- Dec 2025–Feb 2026 (projected repetition)Despite all the talk about the “Santa Rally,” this period has repeatedly marked cycle exhaustion, not acceleration.Whether the final high was Oct 29 or still forms in December, it falls inside this same topping window.We are in that window now. For SG users only, welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stock

$Amazon.com(AMZN)$ has been playing out exactly as projected.We nailed the downside continuation after the top — and then caught the bullish reversal right at our target support zone, setting up this corrective rally.AMZN closed right at the MomentumThreshold (MT) of the ralky from the Oct. 17low at 235, while also breaking back below theprior all-time high with momentum. That combination strongly favors that AMZN has already topped, completing a bearish diagonal and beginning a higher-degree correction.The newly formed bearish Daily FVG at238,73-243,75 should now act as over headresistance, guiding price lower toward the O/Btrendline and Monthly FvG support at 220-215.The 258,60 peak is expected to stand as the major high for the months ahead wit

$S&P 500(.SPX)$ closed above the 6830 FVG resistance - weakening the immediate bear case and raising the odds of a new high first.New Daily FVG support sits at 6820–6776 — holding this zone opens the door to 6950–7000 before rolling overHowever, a close below 6776 = bearish shift.If SPX makes a new high, $NASDAQ 100(NDX)$ may not — and that non-confirmation would create a bearish divergence that strengthens the broader bear case. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $E-mini Nasdaq 100 - main 2512(NQmain)$

$S&P 500(.SPX)$ just reached the major resistance cluster at the Daily FVG and 61.8–78.6% retrace zone - this zone is where the Wave 2/B-Wave rally likely completes.Given the shortened holiday week, there is risk the next pullback is only a B/X-Wave to see one more drive into the upper 78.6% retracement -> before the new downtrend resumes. Bottom line: This Daily FVG zone should reject price for the next leg down — whether immediately or after a brief B/X-Wave detour SPX closed just under the bearish Daily FVG — the resistance zone where a reversal should form if another leg down is coming. I'm leaning this is a massive bull trap, but $SPX needs to close below the new bullish FVG at 6715 to send the bearish warning.A Daily close above 6830

From 2015-2025, only 166 companies in the S&P 500 $S&P 500(.SPX)$ grew their share price by more than 13% per year (beating the index). Only 15 companies grew by more than 30% per year.Only 6 companies grew by more than 40% per year.Only $NVIDIA(NVDA)$ grew by more than 70% per year.What's the lesson here? The perfect company exists at the intersection of high growth and predictable growth. Here’s my mental model: For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.Complete your first Cash Boost Account trade with a trade amount of ≥ SGD 500

$S&P 500(.SPX)$ reached the 50% retrace — the first upside objective — but momentum still favors continuation into the 6774–6830 Daily FVG, which aligns with the 61.8–78.6% cluster and should mark the end of this corrective rally.Though a pullback is expected before reaching that zone - whether that comes immediately or after a bit more upside. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $E-mini Nasdaq 100 - main 2512(NQmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$

$S&P 500(.SPX)$ has reached the major confluence at 6,550 where the Weekly FVG and multi-year trendline meet - the key downside objective I’ve been tracking for the past several weeks. A clean 5-wave decline into this zone suggests a corrective rebound before the next leg lower.A 50-61.8% retrace into 6,720–6,770 is the expectation, with the upper bound aligning with the bearish Daily FVG. Next downside objectives are 6,344 and then the 200DMA / prior ATH near 6,150.As long as price stays below 6,920, the higher-degree Wave 4 correction toward 5,500–5,100 remains the dominant outlook. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, a

BTC has been the leading indicator for every major S&P 500 $S&P 500(.SPX)$ peak going back to 2017.Across cycles, Bitcoin has consistently topped 6–8 weeks before the S&P 500:• 2017 → 2018• 2021 → 2022• 2025 → 2025• 2025 → 2025 (projected repetition)With BTC already down ~30% from its Oct 6 peak, the lead–lag structure looks like it may be repeating again.SPX closed back above 6,585, reclaiming the multi-year trendline and avoiding a breakdown / false breakout.Bulls bought themselves more time — but this level won’t hold forever.Clock’s ticking. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs.