$S&P 500(.SPX)$ closed below the prior ATH, inverting the Daily FVG after a bearish SMT vs. $DJI & $NDX — a clear downside warning.That said, it’s a low-volume holiday week with bullish seasonality.Weekly Bias: Neutral/Bearish — expecting chop while price sets the stage for a larger move ahead.Key Levels:• Below 6832 → firmly bearish• Confirm: Daily Close below 6816 Triangle Breakdown ➡️ Target Hit. 📉We identified the triangle completion called for the drop to 6935 - $E-mini S&P 500 - main 2603(ESmain)$ flushed to the lows ticking 6935 🎯We then expected a reversal back to the upper trendline from the lows✅ For SG users only, Welcome to open a CBA today and enjoy access to a trading limit o
$S&P 500(.SPX)$ made new all-time highs, perfectly tagging the W5:W1 Fib ratio — exactly as the alternate bullish path anticipated.However, double SMT divergences are now present, suggesting this rally is marginal with index momentum fading. Key Levels:• First bearish Indication: A close below 6910 signals the immediate trend is weakening. • Confirmation: Bears need a Daily close below 6816.Until 6910 is lost, we may see a drift higher or choppy action due to the shortened holiday week. Once 6816 gives way, we look for a Wave 1 decline. $SPDR S&P 500 ETF Trust(SPY)$$E-mini S&P 500 - main 2603(ESmain)$$NASDA
$S&P 500(.SPX)$ | Primary CountWhile SPX respected Daily FVG support, $E-mini S&P 500 - main 2603(ESmain)$ closed below it—triggering a sell signal following the bearish SMT with $Dow Jones(.DJI)$ at all time highs.Despite the 50-DMA reclaim, price is capping at the 61.8% retracement and CISD resistance at 6833.This sets up a 3rd of a 3rd wave flush targeting 6400Confirmation: A close < 50-DMA is the warning. A cross of last week's low confirms the decline. SPX | Alternate SPX reclaimed the 50-DMA and printed a bullish CISD.Combined with bullish seasonality, the door is open for a push to 6950–7000.The Pivot: Bulls MUST hold the 50-DMA. A close bel
$SPX Rally Corrective, Bias Down Despite 50-DMA Reclaim
Although the bounce following the $E-mini S&P 500 - main 2603(ESmain)$ sell signal was anticlimactic, the setup remains the same. The $S&P 500(.SPX)$ rally appears corrective, and despite the 50-DMA reclaim, the bearish SMT w/ $Dow Jones(.DJI)$ keeps my bias down.I'm watching for a grind up to today's high and/or the 61.8% retrace to act as resistance before lower.A close below 6770 triggers a swing short, while a cross of 6720 confirms a flash crash to 6400. Bulls need a daily close above 6803 for a potential bullish shift. 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
SPX Trendline Break Sets Up High-Velocity Downside
$S&P 500(.SPX)$ just lost the 50-DMA.The $E-mini S&P 500 - main 2603(ESmain)$ sell signal triggered.CPI acts as the catalyst to escalate this wave. Expect a high-velocity collapse to 6400–6350.That move shatters the multi-year trendline (6550)—officially confirming the Bear Market. ES_F just lost critical support.The Daily FVG has officially inverted (iFVG).Combined with the bearish SMT, a high-conviction SELL SIGNAL has been triggered.The next wave down has begun -> targeting the Nov & Aug lows. 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.
$Rigetti Computing(RGTI)$ Short: Over 35% PROFIT and counting.We alerted this short at $35.60. Price is now crashing through $22.50.This wasn't a guess. It was a precise execution based on market structure and a confirmed Daily iFVG trigger. The setup is playing out flawlessly.Next stop: With a bearish 5-wave decline already in placeand now a 3-wave corrective bounce, the structure favors another leg down targeting the 50-61.8% extensions of the impulse at18-16.The Daily iFvG triggers that also coincides right at the break of the corrective parallel channel.The 30 swing high is unlikely to be crossed now to decline to those targets. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimite
SPX & NDX: Bearish 5-Wave Complete, Bounce Likely Before Next Leg Down
$S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ have both completed a bearish 5-wave decline from their respective peaks.A corrective bounce is the likely next move, though expect sellers to fade that rally. Any bounce should set the stage for another leg down. SPX will likely bounce off the 50-DMA initially—but don't be fooled. A close below this level inverts the Daily FVG and confirms the sell signal. Once that support snaps, the probability of a high-velocity move lower to 6400–6350 spikes immediately.Eyes on Thursday's CPI to drive the expansion.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 E
SPX 50-DMA Break Sets the Clock for a Major Correction
Worth repeating: $S&P 500(.SPX)$ broke its 50-DMA on Nov 17.Historically, streaks like this resolve with a 15–25% drawdown within 6–12 months after the break.The signal is active — the clock has been ticking since mid-November.As I said on NOV10:SPX has held above its 50DMA for 132+ sessions — one of the longest streaks in history.Every prior streak like this ended with a 15–25% drawdown within 6–12 months.That aligns perfectly with my Wave 4 correction roadmap into 2025–26.It hasn’t closed below the 50DMA yet… but when it does⚠️ that’s the sell signal — the start of the higher-degree correction.This chart says it all. 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