$S&P 500(.SPX)$ now has a floor.
New Daily FVG at 7229–7145.
Next dip finds support in that gap — whether it taps or fills.
Hold above it → 7400.
Close below 7145 → the floor BREAKS.
The bullish SMT with $Dow Jones(.DJI)$ is still the tell.
What if Wave 5 is already done?
$SPX crossed the 2022 trendline — that's a completion reference.
Bearish SMT against $DJI at the highs.
If this is the top, a 20% correction is the expectation.
First trigger → Daily close below 7145.
Confirmation → Weekly close below 6845.
Until then — primary path leads.
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