$SPX inverted the Daily FVG support. Bearish warning now. Lean: another leg down under W4 β 7235β7200. First, a relief bounce into the new bearish Daily FVG. Then rejection β next wave lower into the June low to complete W4. Daily close above 7468 flips it back bullish β W4 triangle back in play. As I mentioned in the update on June 21, Daily FVG support HELD. $SPX still positioned for a new all-time high. W5 targets: 7620β7700. Price may triangulate inside the FVG, but the primary lean holds. Daily close below the FVG invalidates. New highs are the destination.