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Posted On: 04/05/2025 11:49:20 PM
Post# of 144966
$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
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
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