$S&P 500(.SPX)$ has officially broken the April trendline — a clear character change.With the $E-mini S&P 500 - main 2603(ESmain)$ Daily CISD in place and the bearish $E-mini Nasdaq 100 - main 2603(NQmain)$ divergence still intact, the setup now favors downside toward 6800–6750.A break below today’s low shifts the bias decisively lower; a weekly close below 6770 would strongly suggest the top is in.Near-term Alt Path: As long as SPX holds above today’s 6885 low, a final push toward 7000 is possible. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks
$S&P 500(.SPX)$ looks corrective -> favoring one final push toward the 7000 level while price remains above the April multi-month trendline (~6900) A decisive break below ~6900 would mark a bearish shift and signal that the larger reversal phase is underway.Mid-term: Bearish as long as $NASDAQ 100(NDX)$ is below ATH -> keeping the bearish divergence intact. We went into the close looking for a reversal at the 100% extension of the leg down, and it couldn't have been much cleaner. SPX tagged the W=Y equality at 6936 to the tick and immediately ripped a 25-point rally off the level. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited
$S&P 500(.SPX)$ Primary | Wave 5 Termination?Friday’s new All-Time High likely completes the ABC structure for Wave 5, technically validating the termination of the 8-month impulsive sequence from the April low.While price can drift higher, I am braced for a reversal as $NASDAQ 100(NDX)$$iShares Russell 2000 ETF(IWM)$$Dow Jones(.DJI)$ all hold pending terminal wave structures. Tuesday's CPI aligns perfectly as the catalyst to trigger this move.Triggers: A break of 6880 (2/4 Trendline) warns the trend is over. - A Weekly Close < 6770 sends the mechanical sell signal (Loses 50-DMA + Inverts FVG). SPX Alternate | Dia
I’m still standing by the correction call I made back in December.The timing has been slow and honestly a bit frustrating. But the actual chart structure hasn't changed at all.If anything, it’s just taking the long way around.The technicals are clear:- $S&P 500(.SPX)$$iShares Russell 2000 ETF(IWM)$$Dow Jones(.DJI)$ are in 5th wave overshoots.- These look like ending diagonals- $NASDAQ 100(NDX)$ still hasn't confirmed the move.This isn't a breakout; it's a higher-degree peak forming in slow motion. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited tra
$S&P 500(.SPX)$ | Because $E-mini S&P 500 - main 2603(ESmain)$ has not yet crossed its ATH, price is likely to grind above that level to re-sync the two and complete Wave 5.Once that alignment is achieved, the market appears positioned for a major reversal, with CPI next Tuesday likely acting as the catalyst for Wave 1 down.The pivotal level remains SPX 6816. A daily close below would:- Invert the Daily FVG- Lose the 50-DMA- Break the multi-month trendline-> Triggering a sell signal toward 6720–6550. $SPDR S&P 500 ETF Trust(SPY)$$NASDAQ 100(NDX)$$Invesco QQQ(QQQ)$<
With $E-mini S&P 500 - main 2603(ESmain)$ printing a new all-time high as expected, $S&P 500(.SPX)$ + $ES are back in-sync.However, the new high re-forms the bearish ABC structure for Wave 5, strengthening the case that the larger impulse from the April low is terminating.With CPI next Tuesday, the timing lines up well for a catalyst-driven reversal once this structure completes. ES_F made a new high as projected yesterday ✅It's time.... For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.🎉Cash Boost Account Now
The events of the last few days have made $KLA-Tencor(KLAC)$ and $Lam Research(LRCX)$ my second and third largest positions. It's my view that semiconductor manufacturing equipment remains ones of the least volatile ways to get exposure to the often highly cylical semiconductor industry.I had some concerns about Atoss, but once I understood the business more I realised that the risks aren’t as material as I first suspected. $Technology One, Ltd.(THNOF)$$Cadence Design(CDNS)$$Visa(V)$$Comfort Systems USA(FIX)$
Index Divergence Signals Potential Market Pullback
The indices continue to diverge.While $Dow Jones(.DJI)$ blasted to a new high, likely completing a final fifth-wave, $S&P 500(.SPX)$ rejected at resistance and $NASDAQ 100(NDX)$ was so weak it couldn’t break the prior day’s high.Watch Level: Short to 6720–6550 triggers on a daily close below SPX 6816 and/or below last week’s low. A daily close below 6816 would confirm the sell signal toward 6550 - a break of Friday’s low likely seals the deal.The larger implication: A loss of 6650 confirms the start of a major Wave 4 correction, with downside scope toward 5500.For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,00
2026 Outlook: The Great ResetKey Takeaways• Equities enter a late-cycle correction phase • Bonds and the dollar strengthen as risk comes off • Crypto faces a deeper deleveraging cycle • Gold consolidates after a multi-year advanceThe table below outlines 2026 downside risk zones and expected year-end closing levels across major assets. 1. $S&P 500(.SPX)$ The S&P500 has marginally exceeded the upper boundary of its multi-year trend channel — a common signature of terminal 5th waves.The Trigger: A reversal back below ~6,650 would confirm a false breakout.The Trade: We are positioning for a higher-degree Wave 4 correction toward 5,500–5,100 (-20–25%), which aligns perfectly with the 200-week MA. 2. $iShar