SP500 – Daily Analysis

After Monday’s exciting rally, the S&P 500 pulled back, leaving the bulls with an uncomfortable question: Was this just a healthy consolidation, or has the bull party already come to an end? One strong session can lift spirits, but it takes more than that to change the market’s direction. And sometimes, the real story becomes clear only when we compare SPX with the other major indices. So, are the bulls simply taking a breather, or are the bears preparing to reclaim the dance floor? Let’s examine the latest signals and see whether the major indices are telling the same story—or something entirely different. CANDLES & TA Signal No surprises. My proprietary indicator continued to move lower, reinforcing the bearish outlook. All previous evaluations and historical references remain intact. ETF Daily Candles There were no higher-timeframe candle closes today, so our focus is on the daily charts of the four major…