SPX Flashes 5-Down, 3-Up Bear Signal

TRIGGER TRADES
12-05 09:05

As anticipated, $S&P 500(.SPX)$ just confirmed that the rally off the Nov 21 low was corrective, unfolding as a clear ABC advance.

Price now carries a potential 5-down, 3-up bearish structure — implying the top may already be in.

But confirmation still matters: a daily close below 6812 is the first bearish shift, while a close below 6715 activates the full sell trigger.

Confidence in the bear case holds as long as today’s 6866 high is not exceeded. A move above that level would increase odds that price trades directly into a new high first.

$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $E-mini Nasdaq 100 - main 2512(NQmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $Dow Jones(.DJI)$ $iShares Russell 2000 ETF(IWM)$

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