S&P 500: Structure Called the Bottom — Here’s What’s NextS&P Index Cash CFD (USD)VANTAGE:SP500ThecantillonreportThe December flush to 6,400 had everyone panicking. But the Cantillon Terminal was showing something different: bull divergence. Price made lower lows. CVD refused to follow. That’s the footprint of institutional accumulation — and exactly what preceded this 500-point rally. Current read: → Price: 6,897 → AVWAP: 6,737 (price +2.4% above) → HTF Bias: Bullish → CVD: Confirming at new highs Translation: We’re in a “buy dips” regime. Not a “short the rip” regime. Levels I’m watching: • 6,840-6,800 — pullback buy zone (+1σ / POC confluence) • 6,737 — AVWAP. Bulls must hold this. • 6,947 — next target (+2σ) The setup is clean. Price above AVWAP + CVD confirming = trust the trend until structure says otherwise. What would flip me bearish? Daily close below 6,737 with CVD breaking down. Until then, dips are opportunities. For full deep dive, go to my substack. Link in the description 👇