S&P500 Death Cross correction fractals point to new Lows.

Wait 5 sec.

S&P500 Death Cross correction fractals point to new Lows.US 500CAPITALCOM:US500TradingShotThe S&P500 (SPX) is headed towards an inevitable 1D Death Cross, which is when the 1D MA50 (blue trend-line) is crossing below the 1D MA200 (orange trend-line) and is technically a bearish pattern. Last time this was formed was exactly a year ago in April 2025 during the U.S. - China Trade War. In fact, in the past 8 years, every time the 1D Death Cross occurred was during a strong market correction, whether a shorter but more aggressive one (2025, 2020 COVID flash-crash) or a longer Bear Cycle correction (2022, 2018). The common characteristics of all those 4 past fractals are roughly similar first % declines before the 1D Death Cross, rebounds that hit the 0.5 Fibonacci retracement level and new sell-off towards the 2.0 Fibonacci extension. Also all of them (the 2025 almost) hit the 1W MA200 (red trend-line) before bottoming. At the same time, they had all hit the 36.10 1W RSI level (red circles) by the time of the Death Cross. Right now the current 2026 fractal has already completed a first -10% correction and a subsequent rebound to the 0.5 Fib. Whether it marginally breaks it or not, it should technically start a new Bearish Leg soon and the minimum Target should be the 2.0 Fib ext at 5700. A full 1W MA200 test may even have it test 5500 towards Q4 2026. --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡