Possible Stock Market Crash Setup?S&P 500SP:SPXCryptocurrencyWatchGroupLooking at the weekly chart of the S&P 500, the market may be forming the early stages of a major top. Price recently pushed near the $7,000 level, but momentum appears to be slowing, suggesting a potential distribution phase. If the S&P 500 loses the $6,141 support on the weekly timeframe, it could signal the start of a larger correction. 📉 What the market would likely do first Stage 1 – Top Formation (now) Price struggles near 6,700–7,000 as upside momentum weakens. Stage 2 – First Correction (~5%) A break of support could trigger a move down roughly 5% toward ~6,350–6,400. Stage 3 – Larger Pullback (~15%) The next major support zone sits around ~5,700–5,800. Stage 4 – Bear Market (~25–30%) If selling accelerates, the market could move toward ~4,800–5,000. Stage 5 – Crash Scenario (~45–50%) In a major macro event, a deeper move toward the ~3,400 area becomes possible. Historical market crashes for comparison • Dot-com Bubble Crash (~49%) • 2008 Financial Crisis (~57%) • COVID-19 Stock Market Crash (~34%) History shows that 50% crashes are possible, but they usually require a major economic trigger, such as: • Recession • Credit crisis • Banking failures • Liquidity shock