spx slip up Let me start by saying SPX is my baby—this market gave me vision and taught me what I now call Cerberus. It pains me deeply to see such sloppy price engineering lately. These folks have gotten real careless with their price delivery, and that sloppiness is starting to spill into the broader global market.
However, it's clear from the Thursday error that they aren't planning to completely collapse the market just yet—just wanted to instill some pain and signal to everyone it's time to gear up for the long road ahead. Here's what's about to go down, so pay close attention:
Price will sweep below the low of 3.10.25, trigger a profit-booking event, and restore some hope in the market since it'll mark the second leg of the three-drive pattern currently forming. Now, let me flex real quick: SPX WILL HIT THE 4950 AREA BEFORE MAY 2026—mark my words.
Now, back to tradable events:
Mark 5680 as your sell level.
Price will accumulate around the 5480-5460 range, and the real end of this bounce comes at 5350.
Once these trades manifest, your buy-side target is 5790.
Again, don't be the fool who tries to swing-trade buy ideas before these key levels get hit. You've been warned.