$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
$Advanced Micro Devices(AMD)$ is topping out a decade-long advance that is shaping up to be a massive leading diagonal, defined by a rigid 3-3-3-3-3 subdivision.Wave 5 failed to touch the channel top—a bearish truncation—while RSI printed a triple divergence. The momentum required to sustain these levels has evaporated.From here, the probability path favors a break below the 2016–2025 trendline, opening the door for a structural reset toward the 2/4 trendline and Monthly FVG in the 130–100 zone.Invalidation is 319. Until we get that reset, the chart needs to breathe before the next major leg up. 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
META Signals Long-Term Correction After Failed Breakout
$Meta Platforms, Inc.(META)$ has structurally weakened following a rejection at monthly FVG resistance and the confirmation of a bearish Death Cross.This reversal confirms a failed breakout above the long-term historical channel and signals the completion of a mature Wave 3 structure.Technicals now align for a higher-degree Wave 4 correction.We are targeting a retracement to the 470–360 zone over the next 12 to 24 months. 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.🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility NowFind o
$S&P 500(.SPX)$ failed to confirm $Dow Jones(.DJI)$ ’s new high, locking in a bearish SMT divergence.The probability has increased that the all-time high will not be exceeded, favoring the start of the next wave down to the 6400–6350 region.An alternate path remains valid, where price tests the 50-DMA and makes one final marginal high during the seasonal “Santa Rally” window before rolling over.However, a daily close below 6715 — the 50-DMA and Daily FVG boundary — would send the sell signal to accelerate toward those downside targets. We sniper-called the SPX low of day immediately following the 5-wave impulse.The roadmap was precise: Anticipate the corrective bounce into the m15 zone, then watch it
DJI Leads Alone, Warning of Broader Market Pullback
$Dow Jones(.DJI)$ is repeating the same isolated blow-off pattern from November — ripping above ATHs while $NASDAQ 100(NDX)$ and $S&P 500(.SPX)$ refuse to confirm.Last time this happened, SPX and NDX dropped 5–7%.Major tops form when leadership fades — not when everything moves together. At the open, our bias was firmly bearish on $E-mini Nasdaq 100 - main 2512(NQmain)$ following a completed 5-wave decline, with the PDL as the primary objective.I noted we likely see an opening bounce into H1 FVG resistance (25621.75–25651) to reject — or a direct extension lower to the PDL.Price followed that roadmap precisely.Thi