$SPX Dead Cat Bounce? Rejection Signals Next Leg Lower

$S&P 500(.SPX)$ rallied straight into Daily FVG resistance (6594–6622) + the 200-DMA and rejected BOTH.

Looks like a dead cat.

Lean: W4 completed at today's 6651 high.

W5 down next -> targeting 6465–6420.

Invalidation: close above 6622 and/or cross of today's high.

Bears still in control.

ALT scenario worth respecting —

Above today's 6651 high invalidates the immediate W5 decline.

Invalidation sits just above current price — tight margins.

That opens the door to a larger 2nd/B-Wave rally targeting the next Daily FVG at 6636–6710.

Two scenarios, but levels are defined.

Chat had a day today.

Caught the afternoon fade.

Called the bearish ABC at the top.

Flagged the H1 FVG target before the drop.

Members were ready.


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