To The Moon

Good morning! ☕️ The relief bounce showed up exactly where it needed to. $S&P 500(.SPX)$ held yesterday’s low, then pushed straight into the bearish Daily FVG. That’s a strong bounce on the chart, but the location matters more than the bounce itself. 👀 There’s also a bullish SMT against $NASDAQ 100(NDX)$ , which is helping support the reversal for now. So yes, $SPX could push a little deeper into the FVG before making its next decision. But my bias hasn’t changed. I still expect this rally to get sold into resistance. 🔑 The level I’m watching: A daily close above 7,701 would change the picture and signal a more meaningful bullish move with room for a deeper retracement. Until that happens, I’m treating

The $S&P 500(.SPX)$ sell signal played out. Targets were hit. Now today’s low becomes the key level to watch. 👀 If it holds, I’m looking for a relief bounce first, with the Daily FVG resistance as the initial area to watch. But if today’s low breaks, that could be the trigger for W3 to start expanding lower. Either way, I don’t think the bigger picture changes much. A hold could give us a bounce. A break could accelerate the downside. But once that bounce or breakdown resolves, the setup still favors lower. So for me, today isn’t really about guessing the direction. It’s about watching the low. Hold it → bounce first. Lose it → W3 lower. Either path keeps the downside bias in play. 📉

The multi-month divergence has returned, and it’s becoming one of the key setups I’m watching right now. While $E-mini S&P 500 - main 2609(ESmain)$ and $E-mini Dow Jones - main 2609(YMmain)$ pushed well above their June highs, $NQ Minerals PLC(NQMIY)$ remains significantly below its June peak. That disconnect matters. Now all three major futures indices are pulling back, bringing back a setup that previously preceded the correction earlier this year. ⚠️ 📊 The Divergence $ES and $YM managed to make fresh highs while $NQ failed to confirm. When one major index repeatedly lags while the others continue higher, it can signal that market breadth and lead

Hey Tigers 🐯 $S&P 500(.SPX)$ pushed into the key sell zone and was rejected, keeping the short-term bearish setup intact. The rebound retraced roughly 78.6% of the previous five-wave decline before forming a three-wave recovery into the Daily FVG resistance. Price has now reacted from that zone, leaving the bounce looking corrective rather than impulsive. The key level from here is 7,690. 📍 Daily close below 7,690 → bearish trigger If that level breaks on a closing basis, the setup points toward another leg lower, with the prior June all-time high acting as the first major downside reference. There is still room for one more push higher. The 7,750–7,775 area remains the main resistance zone, and another test could develop before sellers take c

$S&P 500(.SPX)$ bounced, but the rally may be running into resistance. 📈 Price is moving higher within the 2/B-wave rebound, with the Daily FVG now serving as the next upside target. ⚠️ That zone is expected to cap the recovery. If resistance holds, the rebound could give way to the next leg lower, continuing the bearish 5-wave decline from the recent peak. The key level to watch is 7750. 🔴 Below 7750: bearish structure remains intact 🟡 At the Daily FVG: watch for the rally to stall 🟢 A close above 7750: first warning that the bearish setup may be losing control

$S&P 500(.SPX)$ bounce is here, just as expected. But there is still NO bullish SMT supporting a sustained reversal, so I’m treating the recent move as a relief bounce within a broader bearish structure. 🔻 What I’m Watching The bearish 5-wave decline now appears largely in place, which favors a relief bounce next. The open gap at 7629 sits just below and could be tagged first to complete W5. If $SPX breaks above today’s high, that would strengthen the case that the 2/B-wave bounce is getting underway. 🎯 Key Resistance The Daily FVG at 7714–7776 remains the main resistance zone. A rejection there → W3 lower becomes the preferred scenario. ⚠️ The Bigger Confirmation 7566 remains the key higher-degree level. Break below 7566 → the larger 10–15% c

👋 Good morning, tigers! The $S&P 500(.SPX)$ bounce is here, but I’m still not seeing the bullish SMT needed to support a sustained reversal. For now, I’m treating last week’s ABC decline as a bearish Wave 1 (W1). That makes the current rebound potentially a Wave 2 correction, rather than the start of a new uptrend. 🎯 Key level: 7,714–7,776 This Daily FVG is the zone I’m watching closely for W2 resistance. If $SPX pushes into this range and gets rejected, the next move I’m looking for is W3 lower. ⚠️ The bigger confirmation level is 7,566. A decisive break below 7,566 would strengthen the larger bearish thesis and suggest that a 10–15% correction is underway. The setup is simple: Bounce → test 7,714–7,776 → rejection → W3 lower. Until bullish S

Good morning, tigers! ☀️ The bullish SMT divergence on $NASDAQ 100(NDX)$ is now gone. That was the last major piece of confluence supporting the immediate bounce scenario. With that signal invalidated, the near-term bias shifts back to the downside. 📉 🎯 First: Lower Prices I’m looking for $NDX to move lower first, with the next focus on the previously identified equality targets. I don’t want to chase the initial selloff, though. The better setup may come after the first leg lower. 🔄 Then: Wait for Wave 2 Once those downside targets are reached, I’ll be watching for a corrective bounce — Wave 2. That rebound is the move I’m most interested in. Lower first → Wave 2 bounce → Look for the short. 🎯 A corrective rally would give the market room to res

$S&P 500(.SPX)$ was leaning higher going into tomorrow. The key question was whether the move would finish the B-wave or mark the start of the next leg higher. A weekly close back above last week's low at 7,717 would suggest the rally had already begun. 🎯 Primary Setup The main bullish signal was the SMT divergence with $NASDAQ 100(NDX)$ holding, supporting the view that $SPX could continue higher from here. The plan was simple: 🟢 Long in the morning 🔴 Short into the close And both setups printed. Both trades cashed. 💰 Sometimes the best trades aren't about predicting every move—they're about having a clear level, a defined bias, and the discipline to act when the setup appears.

$S&P 500(.SPX)$ has now reached the initial downside objective, with weekly FVG support getting tapped. At the same time, a bullish SMT divergence with $NASDAQ 100(NDX)$ is developing around the August 6 low, suggesting the selloff may be entering a more important decision zone. 👀 The move straight down from the highs looks like the A-wave of an ABC correction. If that structure plays out as expected, the market could spend the rest of the week completing the pullback before setting up for the next leg higher. 📊 🎯 The key level to watch is 7,900. For the bullish scenario to remain valid, price needs to stabilize around the current FVG support and allow the corrective structure to develop rather than t