SP500 – Daily Analysis

S&P 500 moved lower today, largely as expected. But futures have now opened almost 1% higher, immediately raising the next question: is this just another dead-cat bounce or the beginning of a meaningful restart of the rally? In today’s S&P 500 Technical Analysis, we examine the latest candlestick and momentum signals, compare the leading Elliott Wave scenarios, and highlight the key support and resistance levels that could determine what comes next. The short-term structure remains fragile, but the futures reaction shows that bulls are not ready to surrender yet. The key now is whether this rebound can generate enough momentum to reverse the recent bearish pressure—or whether it will simply create another temporary bounce before the next leg lower. CANDLES & TA Four ETFs – 5-Day SPX While today’s daily candles showed that the bulls are still alive, zooming out to the 5D frame could quickly bury that hypothesis. The…