In my view, the S&P 500 may finally be showing signs of a major reversal.
I mentioned this scenario last year, expecting a deep correction rather than endless upside.
Now the price structure is starting to reflect that possibility.
⚠️ What stands out on the chart:
• Momentum fading after a prolonged rally
• Signs of distribution on higher timeframes
• Volatility increasing near the highs
If this scenario continues to unfold, these are the main downside levels I’m watching:
🎯 Target 1: 6400
🎯 Target 2: 6000
🎯 Target 3: 5400
🚫 Invalidation Level: 6734
A sustained move above this level would weaken the bearish scenario.
📊 For now, my macro bias remains bearish until price proves otherwise.
This is just my personal market view and scenario analysis — not financial advice.
Do you see this as the start of a deeper correction, or just another dip to buy? 🤔
Share your thoughts in the comments💭
🔔 Follow to stay updated — I’ll post updates if the scenario develops.
I mentioned this scenario last year, expecting a deep correction rather than endless upside.
Now the price structure is starting to reflect that possibility.
⚠️ What stands out on the chart:
• Momentum fading after a prolonged rally
• Signs of distribution on higher timeframes
• Volatility increasing near the highs
If this scenario continues to unfold, these are the main downside levels I’m watching:
🎯 Target 1: 6400
🎯 Target 2: 6000
🎯 Target 3: 5400
🚫 Invalidation Level: 6734
A sustained move above this level would weaken the bearish scenario.
📊 For now, my macro bias remains bearish until price proves otherwise.
This is just my personal market view and scenario analysis — not financial advice.
Do you see this as the start of a deeper correction, or just another dip to buy? 🤔
Share your thoughts in the comments💭
🔔 Follow to stay updated — I’ll post updates if the scenario develops.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.