SPX – Bounce or Break?S&P 500SP:SPXAlchemyMarketsThe latest sell-off comes as higher yields and softening growth expectations weigh on risk. SPX is now testing the lower bound of the August channel and the anchored VWAP – a crucial confluence. A reaction here sets the tone. A bounce could keep the structure intact, while a clean break opens the door to a broader correction and more cash waiting on the sidelines. What’s your read?