SP500 – Daily Analysis

Today, the S&P 500 pushed lower, but the intraday recovery made the message more nuanced. Was this only another failed bearish attempt, or did the market quietly confirm a more important shift beneath the surface? In today’s technical analysis, we look past the headlines and focus on the signals that matter most now: candle structure, momentum shifts, Elliott Wave paths, and the key levels that could confirm or reject the next phase of the roadmap. The goal is to identify the most influential technical structures currently driving SPX, assess the most probable path from here, and define the conditions that could support a stronger bullish continuation — or force a reassessment toward a more defensive scenario. CANDLES SPX Four ETF – Daily Today’s action formed rather bullish candles for SPX on the daily and 8D frames. The 2D frame remains bearish, but only after a major bearish failure. All of…