$SPX This monthly chart shows clear macro-level caution signs.

A near-identical drawdown to past ~27% corrections signals this may not be a "buy-the-dip" environment without confirmation. The RSI/MACD combo turning south and major Fib level rejection demand respect from even long-term bulls.

Expect continued volatility and possible deeper pullback to 4,500–4,200.
Bulls must reclaim 5,180+ soon or risk cascading selling pressure.

https://www.threads.net/@johnvnguyentran/post...yG8VntNHVQ