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.
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