SmartReversals

I care about helping you navigate this market. Nowadays, it's all about permabears & permabulls, I use technical indicators with objectivity. God First.

    • SmartReversalsSmartReversals
      ·03-21 08:16

      $SPX Time Bottom Near, $SPY Tests $654 Support

      $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ A bottom is near in terms of Time, not necessarily in terms of Price. Money Flow is nearing the 2018, 2022, and 2025 lows and has already dropped below the 2020 levels. While the %B is also oversold. After four red weeks, a flush could accelerate the case for a reversal. $SPY $654 was the "must-visit" price I shared on Saturday with subscribers, even with Monday's spike. Today’s low hit $655🎯. Given the support zone (200DMA + Shelf), $659 must hold tomorrow for a minimum recovery to $663; otherwise, today was a gap fill and the decline resumes. SPY Another Inverse "U-Turn": This has been the price action mood for over a month. Looks like a seventh week
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      $SPX Time Bottom Near, $SPY Tests $654 Support
    • SmartReversalsSmartReversals
      ·03-21 08:12

      $SPX Sell-Off, $QQQ Hits $577.5, $IWM Breaks Down

      The stock market is struggling. With a rapid sell-off, the $S&P 500(.SPX)$ is down -5.41% in March alone and is heading toward correction territory. For now, the “vanishing bounces” continue; this was the seventh out of the last eight weeks to feature this pattern. This typically means a green opening driven by extreme oversold conditions, followed by a fading rally. Lately, the sell-offs have accelerated earlier in the week. While the S&P 500 recovered its Central Weekly Level of $6,700 on Monday, the price action vanished on Tuesday, and the decline intensified by Wednesday when that level flipped to resistance. Our downside levels were met: $6,555 acted as first line on defense on Thursday, and then $6,479 is where the price bounced on
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      $SPX Sell-Off, $QQQ Hits $577.5, $IWM Breaks Down
    • SmartReversalsSmartReversals
      ·03-19 12:52

      $SPY Inverse “U-Turns” Continue, and Target $654

      $SPDR S&P 500 ETF Trust(SPY)$ Another Inverse "U-Turn": This has been the price action mood for over a month. Looks like a seventh week of "fake bounces," is coming adding another arch to the structure. $654 is the the primary downside destination for the week. On Saturday, I posted the following outlook: $S&P 500(.SPX)$ is bearish below $6,700.4. I also included specific volatility levels and additional technical indicators to monitor. This morning, I shared a chart via chat and email suggesting a bearish reversal. This outlook is based on yesterday’s vanishing rally and current bearish conditions, with both the SPY and $Invesco QQQ(QQQ)$ trading below the
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      $SPY Inverse “U-Turns” Continue, and Target $654
    • SmartReversalsSmartReversals
      ·03-19 12:48

      The Fed Is Stuck: Inflation, Oil, and Growth Collide

      The Federal Reserve held rates steady today at 3.50% – 3.75%, as the market expected. But the real story was not the decision itself, it was what Powell said. When there is a FOMC meeting, you don’t pay attention to the rate decision alone, the Fed Chair words are more important. Similar when you listen to an earnings call, beating expectations is not as important as the guidance. Powell said the Fed was not making as much progress on inflation as hoped. “The forecast is that we will be making progress on inflation, not as much as we had hoped, but some progress on inflation” On oil and the Iran War: “Near-term measures of inflation expectations have risen in recent weeks, likely reflecting the substantial rise in oil prices caused by the supply disruptions in the Middle East. In the near
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      The Fed Is Stuck: Inflation, Oil, and Growth Collide
    • SmartReversalsSmartReversals
      ·03-18

      $SPX Shooting Star, $SPY Bounce Fades — Bearish Until Break Above Highs

      $S&P 500(.SPX)$ Daily Shooting Star: Yesterday's highs were recovered, but a lack of conviction prints the same setup seen last week. Reclaiming the 5DMA is positive, but vanishing moves persist at downtrend resistance below the 10DMA. Levels must hold through #FOMC, or expect a déjà vu. Many resistances at this zone. For that reason the lack of conviction is something big to watch. The reaction to interest rate decision will tell. Bearish until proven otherwise. $SPDR S&P 500 ETF Trust(SPY)$ : The anticipated spike played out, bringing price back into the Bollinger range. However, today's most critical takeaway is the vanishing rally. The downtrend remains intact; price must conquer today’s high b
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      $SPX Shooting Star, $SPY Bounce Fades — Bearish Until Break Above Highs
    • SmartReversalsSmartReversals
      ·03-16

      $SPY Nearing Capitulation Levels as $NDX Tests Critical 200DMA Support

      Market indicators suggest the selloff may be approaching a timing bottom, with $SPY money flows nearing levels seen during past crash periods. Meanwhile, $NDX is sitting at a critical support confluence near the 200DMA, where a breakdown could accelerate downside momentum. Among the Magnificent Seven tracked by $MAGS, only $GOOG, $AAPL, and $NVDA remain above their key long-term trend support. 1. $SPDR S&P 500 ETF Trust(SPY)$ The money flow is nearing bottoming levels seen during the 2018, 2020, 2022, and 2025 crashes. A bottom is near in terms of time, not necessarily in the magnitude of flush. A bounce must be sustained in short and long term. See the local bottom of March 2022 for context. 2. $NASDAQ 100
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      $SPY Nearing Capitulation Levels as $NDX Tests Critical 200DMA Support
    • SmartReversalsSmartReversals
      ·03-15

      Choppy Markets: SPX & NDX Show Weak Bearish Conviction

      The stock market has been characterized by exceptionally choppy price action over the last seven weeks. We witnessed the $S&P 500(.SPX)$ and the $NASDAQ 100(NDX)$ go nowhere for three months, spanning the final quarter of 2025 through January 2026. That directionless route is found a resolution to the bearish side as anticipated at the end of January when this publication anticipated “Cracks Under the Surface”. However, the most striking feature of the current market is the lack of conviction. If you are a new trader feeling frustrated by the inability to find a clear trend as a bull or a bear, do not worry. This environment is uncommon. Usually, pullbacks are marked by solid bearish conviction candles
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      Choppy Markets: SPX & NDX Show Weak Bearish Conviction
    • SmartReversalsSmartReversals
      ·03-14

      SPX Falls Below Central Monthly Level as Volatility Drives Repeated Reversals

      Losing the Central Monthly level for a short period like in November happens a couple of times per year, however, few weeks ago I highlighted that staying below this level for long is a concerning condition from corrections and bear markets. Currently the price for the $S&P 500(.SPX)$ and most of the securities from our watchlist is below this level. The second chart is a zoom in of the Central Weekly Level for the same period, see the price breaching the “C” marked in green in some weeks as part of the normal price action of a bull market. Since February, the dotted area shows how volatile has been the price printing multiple invalidations or reversals during the same week. The zoomed chart includes the Central Weekly Level AND the support an
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      SPX Falls Below Central Monthly Level as Volatility Drives Repeated Reversals
    • SmartReversalsSmartReversals
      ·03-14

      Oil Shock & Volatility Hit SPX as NDX Slides While Bitcoin Rebounds

      U.S. equities endured extreme volatility this week, recording a third consecutive weekly decline and establishing new closing lows for 2026. $S&P 500(.SPX)$ is now down -3.1% YTD, converging with the $NASDAQ 100(NDX)$ , while the $Dow Jones(.DJI)$ trails closely with a -2.8% loss for the year. Escalating conflict in the Middle East remained the main driver of market pressure. An Iranian blockade of the Strait of Hormuz sent energy costs soaring. Oil futures $WTI Crude Oil - main 2604(CLmain)$ closed at $99. Rising fuel costs combined with unexpected labor market weakness to stoke fears of slowing growth and rising
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      Oil Shock & Volatility Hit SPX as NDX Slides While Bitcoin Rebounds
    • SmartReversalsSmartReversals
      ·03-13

      Extreme Oversold Signals Build for $SPX as $SPY and $DIA Stretch Lower

      $S&P 500(.SPX)$ Even during persistent downtrends, such as the 2025 tariff crash, breaching the lower Bollinger Band has consistently represented an extreme condition that triggers relief bounces. No exception. There is no doubt a short squeeze is coming considering also the McClellan Oscillator that is more oversold than it was in the 2025 bottom. The key point is to watch if $6,882 is recovered, that would validate a solid and sustainable bounce. The bearish move is overextended as posted previously, and seasonality favors a bounce. $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ has the same overextended setup as the $SPDR S&P 500 ETF Trust(SPY)$ . Fo
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      Extreme Oversold Signals Build for $SPX as $SPY and $DIA Stretch Lower
     
     
     
     

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