Calling bottom and tops on $SPX is very easy....
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- *Trend*: Strong uptrend with higher highs, now showing a sharp pullback after a peak near 7.00.
- *Entry*: Short entry zone 6.503 – 6.411 (break below 6.411 triggers bearish move).
- *SL*: 6.723 (above recent high to protect against reversal).
- *Targets*:
- TP1: 6.089 (next support line).
- TP2: 5.447 (lower support).
- TP3: 4.981 (long‑term support).
- *Action*: Sellers stay in control below 6.411; watch for break of 6.089 to confirm deeper downswing.