SP500 – Weekly Analysis

The index continues to follow our short- and mid-term roadmap with remarkable discipline. The structure we outlined on October 12 is still unfolding. Anyone watching only the headlines sees a selloff. Our members have been watching a sequence develop. But that is the daily noise. Today, the goal is different. We want to look beyond the immediate move, lean over the next technical corner, and ask what the market may be preparing before it becomes obvious to everyone else. CANDLES & TA In just two weeks, the monthly candle has transformed dramatically—from a potential bullish continuation into a Hammer that could yet become a Bearish Engulfing relative to September. Quite a plot twist. The weekly closed with bearish continuation, while the daily and several other frames continue to lose important support lines. The daily trend has now flipped bearish as well. Unless the bulls wake up over the next five…