.SPX: Will History Repeat itself?

EliteOptionsTrader

In 2020, $S&P 500(.SPX)$ ran for 5 consecutive weeks from July into August before we saw a 10% pullback.

Currently in 2025, We're finishing up 5 consecutive green weeks leading into August.

Will History repeat itself?

If so SPX may retest a key support level at 6000 during August.

Don't get me wrong....My favorite trades are to the upside. The market is designed to go UP.. BUT....

As August approaches I will start to get more defensive especially if we see more weakness in $Bitcoin(BTC.USD.CC)$ /Crypto. This is the leading indicator for risk assets.

Stocks that led the move higher have started to consolidate so far, Next we have Mega-cap tech earning next week, tariff deadlines, FOMC, and Core PCE next week.

If there's a negative reaction to all of these, its a perfect storm for a short term pull back in August. Be objective and watch the price action over the next 2 weeks. When the pull back happens, it's usually when many traders blow up. Don't be a part of that statistic.

For whom haven't open CBA can know more from below:

🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!

Find out more here：
Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
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Monetary policy, various types of price indices... Here is everything about the macro economy!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Here is everything about the macro economy!","image":"https://static.tigerbbs.com/b92fcdcbb675f48af67c8cfbd53f43a3"}],"images":[],"coverImages":[],"title":".SPX: Will History Repeat itself?","html":"<html><head></head><body><p>In 2020,  <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>  ran for 5 consecutive weeks from July into August before we saw a 10% pullback.</p><p>Currently in 2025, We're finishing up 5 consecutive green weeks leading into August.</p><p>Will History repeat itself?</p><p>If so SPX may retest a key support level at 6000 during August.</p><p>Don't get me wrong....My favorite trades are to the upside. The market is designed to go UP.. BUT....</p><p>As August approaches I will start to get more defensive especially if we see more weakness in  <a data-mention-id=\"BTC.USD.CC\" class=\"teditor-mention\" data-mention-name=\"Bitcoin\" href=\"https://ttm.financial/S/BTC.USD.CC\">$Bitcoin(BTC.USD.CC)$</a> /Crypto. This is the leading indicator for risk assets.</p><p>Stocks that led the move higher have started to consolidate so far, Next we have Mega-cap tech earning next week, tariff deadlines, FOMC, and Core PCE next week.</p><p>If there's a negative reaction to all of these, its a perfect storm for a short term pull back in August. Be objective and watch the price action over the next 2 weeks. When the pull back happens, it's usually when many traders blow up. Don't be a part of that statistic.</p><p></p><p>For whom haven't open CBA can know more from below:</p><p>🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!</p><blockquote><p>Find out more here：</p><ul style=\"\"><li><p><a href=\"https://tigr.link/9ApRRc\" title=\"Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.\" target=\"_blank\">Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.</a></p></li><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://ttm.financial/TW/413454436958416\" title=\"💰CBA Mini Course 1: What is Cash Boost Account(CBA)?\" class=\"\">💰CBA Mini Course 1: What is Cash Boost Account(CBA)?</a></p></li></ul></blockquote></body></html>","htmlText":"<html><head></head><body><p>In 2020,  <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>  ran for 5 consecutive weeks from July into August before we saw a 10% pullback.</p><p>Currently in 2025, We're finishing up 5 consecutive green weeks leading into August.</p><p>Will History repeat itself?</p><p>If so SPX may retest a key support level at 6000 during August.</p><p>Don't get me wrong....My favorite trades are to the upside. The market is designed to go UP.. BUT....</p><p>As August approaches I will start to get more defensive especially if we see more weakness in  <a data-mention-id=\"BTC.USD.CC\" class=\"teditor-mention\" data-mention-name=\"Bitcoin\" href=\"https://ttm.financial/S/BTC.USD.CC\">$Bitcoin(BTC.USD.CC)$</a> /Crypto. This is the leading indicator for risk assets.</p><p>Stocks that led the move higher have started to consolidate so far, Next we have Mega-cap tech earning next week, tariff deadlines, FOMC, and Core PCE next week.</p><p>If there's a negative reaction to all of these, its a perfect storm for a short term pull back in August. Be objective and watch the price action over the next 2 weeks. When the pull back happens, it's usually when many traders blow up. Don't be a part of that statistic.</p><p></p><p>For whom haven't open CBA can know more from below:</p><p>🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!</p><blockquote><p>Find out more here：</p><ul style=\"\"><li><p><a href=\"https://tigr.link/9ApRRc\" title=\"Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.\" target=\"_blank\">Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.</a></p></li><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://ttm.financial/TW/413454436958416\" title=\"💰CBA Mini Course 1: What is Cash Boost Account(CBA)?\" class=\"\">💰CBA Mini Course 1: What is Cash Boost Account(CBA)?</a></p></li></ul></blockquote></body></html>","text":"In 2020, $S&P 500(.SPX)$ ran for 5 consecutive weeks from July into August before we saw a 10% pullback. Currently in 2025, We're finishing up 5 consecutive green weeks leading into August. Will History repeat itself? If so SPX may retest a key support level at 6000 during August. Don't get me wrong....My favorite trades are to the upside. The market is designed to go UP.. BUT.... As August approaches I will start to get more defensive especially if we see more weakness in $Bitcoin(BTC.USD.CC)$ /Crypto. This is the leading indicator for risk assets. Stocks that led the move higher have started to consolidate so far, Next we have Mega-cap tech earning next week, tariff deadlines, FOMC, and Core PCE next week. If there's a negative reaction to all of these, its a perfect storm for a short term pull back in August. Be objective and watch the price action over the next 2 weeks. When the pull back happens, it's usually when many traders blow up. Don't be a part of that statistic. For whom haven't open CBA can know more from below: 🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly! Find out more here： Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading. 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 💰CBA Mini Course 1: What is Cash Boost Account(CBA)?","highlighted":1,"essential":1,"paper":2,"likeSize":763,"commentSize":0,"repostSize":20,"favoriteSize":0,"link":"https://ttm.financial/post/460549503766536","repostId":0,"isVote":1,"tweetType":1,"viewCount":2693,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".SPX","BTC.USD.CC"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1166,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/460549503766536"}