👋 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

Do or Die for $S&P 500(.SPX)$ . $SPX has officially traced out a valid 3-wave structure → equal in length of the initial leg up. If another leg down is coming, this is the spot. CPI is the catalyst. Plain and simple. Daily close below 6618 → higher degree sell signal fires. Any peak-to-trough decline of 2.05% or more marks the largest pullback of the rally off the lows — the earliest tell the advance is complete. Sustained rally/close above 6855 (78.6% retrace) would be a bullish warning. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2606(ESmain)$

$Tesla Motors(TSLA)$ has topped, as warned to members on 02/09, but it holds a 5-wave diagonal structure at Weekly FVG support suggesting a corrective rally before escalating lower.Lean is Tesla rallies from here to at least cross 325, with upside potential to 362-384. However, that zone should be the termination point to produce the next major wave down.Ultimately, expecting this upcoming rally being the last chance $TSLA holders have to exit before crashing to 138-100 over the next 1-3 years. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$

$S&P 500(.SPX)$ is expected to see its dip get bought immediately or at 5660 to then produce a higher high.An immediate higher high may complete a fractal 5th to return to the range before continuing higher, but the later would favor direct upside following. Overall, I am expecting a melt up to the 5880-5935-6080 targets for the final leg up as long as we remain above 5565. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ(.IXIC)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $NASDAQ 100(NDX)$

$E-mini S&P 500 - main 2412(ESmain)$ crossed 6053 as expected, and now realigns with $.SPX(.SPX)$ with both being the in the modest 3rd wave under Wave C.Watch for a 4th wave pullback over the next few sessions to 5970-5950 to then be bought for the FINAL 5th of Wave C of [W5] of Wave 5 ultimately to 6080-6100. With new data, the top looks more likely to occur within the next 1-2 weeks (CPI Dec. 11?). Get ready ! $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $Invesco QQQ(QQQ)$ Image