Update about my previous warning about a crash of the SPX500📉 SPX500 Major Correction: Scenario 1 or 2?
In my previous analysis, I explained a scenario that could mimic the 2022 crash (Scenario 1):
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However, the price action dropped much faster than in 2022, accelerating the correction.
Now, on the daily timeframe, we already have a bullish MACD crossover, signaling a potential bullish trend for several days:
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Could This Invalidate the Bearish Trend?
✅ Yes, absolutely.
In June 2023 (Scenario 2), a similar situation occurred:
A bearish MACD reset was interrupted mid-course by a violent dump
This triggered a strong rebound, breaking through resistance levels
There are now strong signs that Scenario 2 might play out again.
What Does This Mean for Crypto & TradFi?
📈 If this bullish reversal holds, it could sync Crypto & TradFi, with both gaining bullish momentum on the weekly timeframe, peaking around May 2025.
Two Possible Outcomes:
1️⃣ Scenario 1 – The reversal collapses, and the correction continues 📉
2️⃣ Scenario 2 – The reversal holds, leading to a rally 📈
Let’s monitor this closely to see which scenario unfolds.
🔍 DYOR!
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