🚨 S&P 500 IS CLOSE TO A MAJOR CORRECTION...
Just take a look at my chart:
Every previous 8-12% move above key MAs ended with a sharp pullback - and market is stretched again
Momentum slowing euphoric price action = possible distribution before correction
This pattern has been playing out for 15 years and I don’t think this time will be any different...
A strong 10% correction could likely begin in June, triggering local panic
But this doesn’t mean a 40% crash - just a normal price rebalance before continuation higher
TURN ON NOTIFS, I’LL UPDATE SOON
🚨 S&P 500 SETTING UP ONE LAST TRAP BEFORE DUMP
Just look at what’s happening right now:
- Smart money is slowly exiting index
- Asset keeps pushing higher on low volume
- Retail is getting more convinced that “up only” is back
Index has clearly started slowing down after ~56 days of aggressive upside
Sideways action weakening momentum = classic distribution before a major move lower
We’ve already seen similar setups in 2022 and 2024 - don’t think 2026 will be any different...
This is phase where large players begin dumping index for cash liquidity
Take profits before it’s too late - turn on notifs, I’ll update