SPX Near Inflection as Bearish Signals Align

TRIGGER TRADES
12-21

$S&P 500(.SPX)$ | Primary Count

While SPX respected Daily FVG support, $E-mini S&P 500 - main 2603(ESmain)$ closed below it—triggering a sell signal following the bearish SMT with $Dow Jones(.DJI)$ at all time highs.

Despite the 50-DMA reclaim, price is capping at the 61.8% retracement and CISD resistance at 6833.

This sets up a 3rd of a 3rd wave flush targeting 6400

Confirmation: A close < 50-DMA is the warning. A cross of last week's low confirms the decline.

SPX | Alternate

SPX reclaimed the 50-DMA and printed a bullish CISD.

Combined with bullish seasonality, the door is open for a push to 6950–7000.

The Pivot: Bulls MUST hold the 50-DMA. A close below it risks crossing last week's low -> invalidating this.

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