SP500 – Daily Analysis

I hope I am deeply mistaken, but SPX may be facing a 1.5–2.5% drop tomorrow. 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 technical levels that could matter most over the next few sessions. Several bearish signals are beginning to converge, and the next confirmation could be critical. The key question is whether the current weakness remains a contained correction—or whether SPX is about to accelerate into a much deeper decline that could materially reshape the broader market roadmap. Tomorrow may provide the answer. CANDLES & TA Four ETFs – Daily SPX Interestingly, none of the major indices formed a bullish candle today despite closing higher than yesterday. While DIA continues to hold above support, the other three indices lost…