SP 500 .

In my Nifty update ., i had mentioned that spx is probably in its last leg of this bull market.

Why do i say so ? A few of my superindicators are giving early signs of an end to the SPX bull run. That doesnt mean anything as long as 5800-5900 holds. However ., we should be cautious of the warning signals.

Due to the proprietary nature of the superindicators., i am not aT liberty to display those on a public forum. This update is just to serve as a warning. and once again for a dated record of my analysis. I AM NOT A LICENSED PROFESSIONAL. ANY THING WRITTEN HERE IS FOR PERSONAL CONSUMPTION ONLY. AND NOT A SOLICITATION FOR BUSINESS.

As of 31 Jan 2025., at spx level of 6050 odd., we are at an inflection point in the market. The last time a similar situation occurred was in April 2024. The lows of april 2024 were not broken., and once the highs were taken out., we had a massive upmove.

Similarly., if January 2025 lows are not taken out., and if SPX stay above 6100 for 3 consecutive days., we might have another upmove., albeit a smaller 3-5 %.

But the above situation is just a part of the whole picture. As i mentioned we are at an inflection point. 5900 is the level to watch., plus an additional 100 pts for false breakdowns .

If spx stays below 5800 ., then we are looking at the 200 dma at 5700. Now each 100 point level that the market drops from 5900 ., the structure of this bull run gets weaker. The weaker the structure gets., the more bearish the scenario gets. And thats how we run into big trouble.

If i could compare this scenario to any other then the closest one comes to is of 2007-2008. A similar thing is happening at present. You have been warned.

Stay Profitable. Stay Healthy.