$SPX: Corrective Rally Targets 7,725 Before the Next Move Lower

After the overnight volatility, the $S&P 500(.SPX)$ has shifted into a corrective rally.

I’m expecting a pullback tomorrow that retraces roughly half of the rally, with the 0–B trendline near 7,725 as the next key target.

That remains the main upside draw before another move lower. I expect buyers to step in during the dip as price works toward that trendline.

Overnight futures volatility has been significant: $E-mini S&P 500 - main 2612(ESmain)$ dropped 143 points before reversing sharply and rallying 200 points.

This is increasingly an overnight trading market.

Markets are always moving - and sometimes, the best move is knowing what works for you.

With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.

Explore the Monthly Hot Picks in Tiger Coin Mall, now 12% OFF for a limited time.

https://laohu8.com/J/redeemGift?goodID=100561&type=delivery

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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I expect buyers to step in during the dip as price works toward that trendline.</p>\n<p class=\"t-img-caption\"><img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/78073a300654bed572c3c838fe639e56\" tg-width=\"3618\" tg-height=\"1774\"><span> </span></p>\n<p>Overnight futures volatility has been significant: <a data-mention-id=\"ESmain\" class=\"teditor-mention\" data-mention-name=\"E-mini S&amp;P 500 - main 2612\" href=\"https://ttm.financial/FUT/ESmain\">$E-mini S&amp;P 500 - main 2612(ESmain)$</a> dropped 143 points before reversing sharply and rallying 200 points.</p>\n<p>This is increasingly an overnight trading market.</p>\n<hr>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fe47d352edd15fe5efc1f1f9350041e2\" tg-width=\"1080\" tg-height=\"1080\"></p>\n<p style=\"text-align: left;\"><strong>Markets are always moving - and sometimes, the best move is knowing what works for you.</strong></p>\n<p style=\"text-align: left;\">With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.</p>\n<p style=\"text-align: left;\">Explore the Monthly Hot Picks in <strong>Tiger Coin Mall</strong>, now <strong>12% OFF for a limited time</strong>.</p>\n<p style=\"text-align: left;\"><a href=\"https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery\" title=\"https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery\" target=\"_blank\" class=\"\">https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery</a></p>\n<p></p></body></html>","htmlText":"<html><head></head><body><p>After the overnight volatility, the <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> has shifted into a corrective rally.</p>\n<p>I’m expecting a pullback tomorrow that retraces roughly half of the rally, with the 0–B trendline near 7,725 as the next key target.</p>\n<p>That remains the main upside draw before another move lower. I expect buyers to step in during the dip as price works toward that trendline.</p>\n<p class=\"t-img-caption\"><img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/78073a300654bed572c3c838fe639e56\" tg-width=\"3618\" tg-height=\"1774\"><span> </span></p>\n<p>Overnight futures volatility has been significant: <a data-mention-id=\"ESmain\" class=\"teditor-mention\" data-mention-name=\"E-mini S&amp;P 500 - main 2612\" href=\"https://ttm.financial/FUT/ESmain\">$E-mini S&amp;P 500 - main 2612(ESmain)$</a> dropped 143 points before reversing sharply and rallying 200 points.</p>\n<p>This is increasingly an overnight trading market.</p>\n<hr>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fe47d352edd15fe5efc1f1f9350041e2\" tg-width=\"1080\" tg-height=\"1080\"></p>\n<p style=\"text-align: left;\"><strong>Markets are always moving - and sometimes, the best move is knowing what works for you.</strong></p>\n<p style=\"text-align: left;\">With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.</p>\n<p style=\"text-align: left;\">Explore the Monthly Hot Picks in <strong>Tiger Coin Mall</strong>, now <strong>12% OFF for a limited time</strong>.</p>\n<p style=\"text-align: left;\"><a href=\"https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery\" title=\"https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery\" target=\"_blank\" class=\"\">https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery</a></p>\n<p></p></body></html>","text":"After the overnight volatility, the $S&P 500(.SPX)$ has shifted into a corrective rally. I’m expecting a pullback tomorrow that retraces roughly half of the rally, with the 0–B trendline near 7,725 as the next key target. That remains the main upside draw before another move lower. I expect buyers to step in during the dip as price works toward that trendline. Overnight futures volatility has been significant: $E-mini S&P 500 - main 2612(ESmain)$ dropped 143 points before reversing sharply and rallying 200 points. This is increasingly an overnight trading market. Markets are always moving - and sometimes, the best move is knowing what works for you. With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers. 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