$SPX Long Liquidation: $7.50K at $2.15384
Bulls crushed. Momentum shifting.
📉 Trend: Bearish
Heavy long positions liquidated.
Support levels are cracking.
📊 Market Sentiment:
• Confidence is fading
• Traders turning cautious
• Shorts gaining strength
💡 Next Move:
Consider Selling or Holding Off
Avoid fresh entries until we see a bounce confirmation.
🎯 Bearish Targets:
• Target 1: $2.05
• Target 2: $1.92
• Target 3: $1.80
🛑 Stop Loss (if shorting): $2.19
🔼 Resistance: $2.17
Summary:
$SPX just got hit hard with long liquidations.
Momentum favors bears right now.
If you’re in, tighten stops. If you’re out, stay alert for a better entry.
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