SPX Roadmap January 2025

308
Likely topping out in 2Q25. Vol will be increasing into that
Nota
So far so good
Nota
Topping process underway as expected
Nota
Today at 5509 was an interesting level and FIB retrace. Also exactly 2 months after the Jan low and seasonally also potential bottoming timeframe. So will be interesting tomorrow or Monday whether a good reversal happens. Fridays this year have been very weak which is normal for bearish regimes
Nota
Lets see whether this week SPX can bounce to low 5800s
Nota
Could not, just 5780. This opens up 4900 into summer. Likely into May consolidation and then fall into July
Nota
I have an itch that strategic support will be touched within a week or so
Nota
I meant intermediate support for 2025
Nota
Strategic support likely to be tested already within next 2 weeks
Nota
The decline has been very quick
Nota
Strategic support lowered to 4000. Can come as soon as Oct/Nov this year
Nota
The intermediate support held on the retest. When u consider i drew this months in advance without knowing about tariffs or whatever tells you everything u need to know how markets work

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.