SPX 50DMA Streak Nears Breaking Point
$S&P 500(.SPX)$ has held above its 50DMA for 132+ sessions — one of the longest streaks in history.
Every prior streak like this ended with a 15–25% drawdown within 6–12 months.
That aligns perfectly with my Wave 4 correction roadmap into 2025–26.
It hasn’t closed below the 50DMA yet… but when it does
⚠️ that’s the sell signal — the start of the higher-degree correction.
This chart says it all.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2512(NQmain)$ $Invesco QQQ(QQQ)$ $Dow Jones(.DJI)$ $iShares Russell 2000 ETF(IWM)$
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