.SPX: Take a Very Cautious Stance on the Market

1.

$S&P 500(.SPX)$ All day long. Below 6652, above 6652, below 6652, above 6652. Currently 6654 at time of post

19 minutes left in session.

For me the session close particularly important being that Friday flashed all three risk-off criteria.

A close below confirms it and I take a very cautious stance on the market.

Close above and the melt-up narrative can live another day.

2.

6654 - may the melt-up live on for another day.

This session close makes for a missed confirmation signal, and second false alarm this year (last one Aug 1) in my system

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：
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*!
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Monetary policy, various types of price indices... Here is everything about the macro economy!

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Here is everything about the macro economy!","image":"https://static.tigerbbs.com/b92fcdcbb675f48af67c8cfbd53f43a3"}],"images":[{"img":"https://community-static.tradeup.com/news/216cd640fc711956f23be25cb35f1107","width":"2160","height":"1946"},{"img":"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d","width":"1080","height":"1080"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/216cd640fc711956f23be25cb35f1107","width":"2160","height":"1946"}],"title":".SPX: Take a Very Cautious Stance on the Market","html":"<html><head></head><body><p>1.</p><p> <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> All day long. Below 6652, above 6652, below 6652, above 6652. Currently 6654 at time of post</p><p>19 minutes left in session.</p><p>For me the session close particularly important being that Friday flashed all three risk-off criteria. </p><p>A close below confirms it and I take a very cautious stance on the market. </p><p>Close above and the melt-up narrative can live another day.</p><p></p><p>2.</p><p>6654 - may the melt-up live on for another day.</p><p>This session close makes for a missed confirmation signal, and second false alarm this year (last one Aug 1) in my system</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://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 $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://ttm.financial/post/468973594943616\" title=\"Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*!\" class=\"\">Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*!</a></p></li><li><p><a href=\"https://ttm.financial/TW/455186728267792\" title=\"🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!\" class=\"\">🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!</a></p></li><li><p><a href=\"https://www.tigerbrokers.com.sg/activity/forapp/rules/?id=contradraw-0630\" title=\"Your first trade of the day = 1 lucky draw chance!\" class=\"\">Your first trade of the day = 1 lucky draw chance!</a></p></li><li><p><a href=\"https://ttm.financial/TW/413454436958416\" title=\"💰CBA Mini Course 1: What is Cash Boost Account(CBA)?\" class=\"\">💰CBA Mini Course 1: What is Cash Boost Account(CBA)?</a></p></li></ul></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/216cd640fc711956f23be25cb35f1107\" tg-width=\"2160\" tg-height=\"1946\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\" tg-width=\"1080\" tg-height=\"1080\"></p><p></p></body></html>","htmlText":"<html><head></head><body><p>1.</p><p> <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> All day long. Below 6652, above 6652, below 6652, above 6652. Currently 6654 at time of post</p><p>19 minutes left in session.</p><p>For me the session close particularly important being that Friday flashed all three risk-off criteria. </p><p>A close below confirms it and I take a very cautious stance on the market. </p><p>Close above and the melt-up narrative can live another day.</p><p></p><p>2.</p><p>6654 - may the melt-up live on for another day.</p><p>This session close makes for a missed confirmation signal, and second false alarm this year (last one Aug 1) in my system</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://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/post/468973594943616\" title=\"Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*!\" class=\"\">Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*!</a></p></li><li><p><a href=\"https://ttm.financial/TW/455186728267792\" title=\"🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!\" class=\"\">🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!</a></p></li><li><p><a href=\"https://www.tigerbrokers.com.sg/activity/forapp/rules/?id=contradraw-0630\" title=\"Your first trade of the day = 1 lucky draw chance!\" class=\"\">Your first trade of the day = 1 lucky draw chance!</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><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/216cd640fc711956f23be25cb35f1107\" tg-width=\"2160\" tg-height=\"1946\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\" tg-width=\"1080\" tg-height=\"1080\"></p><p></p></body></html>","text":"1. $S&P 500(.SPX)$ All day long. Below 6652, above 6652, below 6652, above 6652. Currently 6654 at time of post 19 minutes left in session. For me the session close particularly important being that Friday flashed all three risk-off criteria. A close below confirms it and I take a very cautious stance on the market. Close above and the melt-up narrative can live another day. 2. 6654 - may the melt-up live on for another day. This session close makes for a missed confirmation signal, and second false alarm this year (last one Aug 1) in my system 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： 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*! 🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun! Your first trade of the day = 1 lucky draw chance! 💰CBA Mini Course 1: What is Cash Boost Account(CBA)?","highlighted":1,"essential":1,"paper":2,"likeSize":53,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/489168213791496","repostId":0,"isVote":1,"tweetType":1,"viewCount":1483,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".SPX"],"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":898,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/489168213791496"}