$S&P 500(.SPX)$ rejected the Daily FVG resistance exactly as expected and the 3rd wave down is back underway. Path of least resistance: equal lows at $E-mini S&P 500 - main 2606(ESmain)$ 6635 | SPX 6585. This leg resolves into the Monthly FVG at 6,550–6,500. Bias remains lower against today's high. No reason to fight this. Pre-FOMC Analysis: "My lean is that we ultimately resolve lower and break last week's lows, targeting the equal lows on the Daily / Weekly at ES 6635" Now -77 points and counting... Projected the rejection. Projected the path. Projected the target. $Gold - main 2604(GCmain)$ delivered. I crush every market I touch. For SG users
Major Indexes Signal Tops with Multi-Month Correction Expected
I'm leaning the tops are now all in for $S&P 500(.SPX)$$NASDAQ 100(NDX)$$Dow Jones(.DJI)$$iShares Russell 2000 ETF(IWM)$ SPX, DJI, and IWM all sent SELL SIGNALS this week while NDX rejected at resistance. SPX topped Jan 28 NDX topped Oct 29 DJI topped Feb 10 IWM topped Jan 21 Expecting a multi-month correction in 2026 with 20–25% drawdown across the board. The path of least resistance is DOWN. SPX has no support until the Monthly FVG at 6,550–6,500. The 3rd wave is confirmed and I'm firmly bearish until NDX, SPX, or DJI crosses their November lows. No reason to be bullish right now. SPX Forecast: 2026–2030 Market Cy
Optimal Short Zone at 6883–6915 as SPX Approaches Key Daily FVG
$S&P 500(.SPX)$ kissed the 61.8% retrace and respected ~6811 FVG resistance. The 2nd wave is either complete or one leg away from terminating. Leaning toward one more push higher, but CPI can change that fast. An H4 iFVG favors it — and CPI tomorrow becomes the catalyst for the 3rd wave decline into the Monthly FVG at 6550. But the cleaner setup is a push into 6883–6915 — the Daily FVG that already rejected price twice. ▸ That's the optimal short zone. H4 FVG at 6760–6734 is the decision zone. ▸ Holds — another leg higher. ▸ Inverts — 3rd wave is underway. CPI decides. $SPDR S&P 500 ETF Trust(SPY)$$E-mini S&P 500 - main 2603(ESmain)$
$SPX Rally Near 6900 May Precede Major Wave 3 Decline
Today's snapback rally just confirmed the structure. $S&P 500(.SPX)$ 1st wave decline — complete. Now correcting in the 2nd wave. Watching for a 61.8–78.6% retrace into the Daily FVG at 6883–6915. That zone already rejected price hard twice — don't expect the third time to be friendly. If this correction completes there, the 3rd wave down will DWARF what we just saw. ALT: If we can't close above the first FVG resistance ~6811, CPI Wednesday could kickstart the 3rd wave without the deeper retrace. Feb 12: " $E-mini Dow Jones - main 2603(YMmain)$ now has a SELL SIGNAL on deck." Since then? The largest decline since April. The sell signal worked. The top is in. And it's not done. I don't miss. For SG