To The Moon

On Monday, the $S&P 500(.SPX)$ fell 0.4%, breaching the central weekly level (CWL) of 7,493.7, as anticipated in Saturday’s Weekly Compass in the high probability setups. The SPX exhibited several underlying cracks in its price action, despite the 1.1% rally observed on June 18th before the long weekend.

Once our modeled central weekly level was breached, validating my bearish thesis, Tuesday saw steeper declines as South Korea’s KOSPI crashed 9.9%. This marked its sharpest fall in over three months and sparked a global semiconductor selloff (consistent with overheated conditions we have studied). As a result, the $NASDAQ 100(NDX)$ tumbled 3.2%, and the S&P 500 retreated 1.44%. By the end of the week, the SPX reached my extended bearish target of 7,318.4, completing a 2.4% drop 🎯.

Other high-probability setups also played out with precision:

• $Advanced Micro Devices(AMD)$ : Reached its bearish target of $510, completing a -5% move 🎯.

• $VanEck Semiconductor ETF(SMH)$ : Exceeded my bearish target of a 4.6% drop, closing the week -7% 🎯.

• $Microsoft(MSFT)$ : Hit $356 in a clean bearish move of -6.1% 🎯.

• $SPDR Gold ETF(GLD)$ : Highlighted as a bearish setup, it reached $364.3 for a -5.8% decline 🎯.

The modeled S/R levels also set a risk management level, a price line that if breached invalidates the directional thesis, for this week $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ and $JPMorgan Chase(JPM)$ did not fall as expected, but their stop loss references were clearly included in the setups Blueprint at $517.4, and $327.4 respectively, for an average -0.5% from Friday’s close.

That means:

• Average gain of the high probability setups: +5.3% gains

• Average loss for invalidated setups: -0.5%