SPX Faces Final Push Before Major Reversal
$S&P 500(.SPX)$ once again respected the key pivot at 6735, bouncing from Daily FVG support.
My lean is that we’ve either topped, or will do so after a final push to 6950–7000 🔻
Both bull and bear scenarios point to a rally toward the 61.8% retracement at 6860 🎯
Reject 6860 → next leg lower toward 6700 -> 6550
Break & base above → favors one last marginal high before a major reversal (20-30% correction) ⚠️
The clock is ticking for the bulls.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2512(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2512(NQmain)$ $iShares Russell 2000 ETF(IWM)$ $Dow Jones(.DJI)$
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