SP500 – Daily Analysis

Today, the U.S. Treasury Department announced that it will at least double certain long-dated Treasury buybacks from $2B to $4B per operation, covering 10–30 year securities, with the larger operations scheduled from September 9 through November 4. Reuters framed the move as a market-liquidity and debt-management response following the recent surge in long-term yields. The obvious question for equity investors is whether this becomes a meaningful tailwind for stocks—or ends up being little more than a gust of wind against the existing technical map. In today’s S&P 500 Technical Analysis, we break down the newest candlestick and momentum signals, evaluate how they align across the four major indices and key S&P 500 sectors, compare the leading Elliott Wave scenarios, and highlight the signals that could matter most over the next few sessions. The key issue now is whether today’s rebound marks the beginning of a genuine recovery—or simply another dead-cat…