SP500 – Daily Analysis

SPX has arrived at a genuine crossroads. From here, it may not take much. A relatively modest move in either direction could materially damage the opposing side, and the consequences may depend less on the first move than on how far and how fast it travels. The setup has become unusually sensitive. Today’s chart is staying unlisted because it contains too much information that subscribers deserve to see first. The broader audience may get the results of this setup in a few days—or they may simply get to watch the consequences after the fact. Either way, the market is getting very close to a point where one side may lose the luxury of waiting. Let’s review the technicals. CANDLES & TA Signal Despite the broader market bounce today, my indicator continues to slide with no sign of a reversal. More importantly, it finally completed the blue-over-green crossover. That materially changes…