SP500 – Daily Analysis

Another red day for the S&P 500 — has the move opened the path toward a lower low, or not so fast? 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 evaluate the health of the current decline, identify the most important technical structures driving SPX, and define the conditions that could still support bullish continuation — or force a reassessment toward a more defensive scenario. CANDLES Four ETF – 15-Day – Tomorrow SPX Today’s close was very interesting, particularly the final 2–3 minutes. SPX and the other major indices were lifted from the abyss and left right on the verge. Only Nasdaq technically confirmed a reversal on the daily frame. The other three indices…