BULLS LOST 7,440. BEARISH SCENARIO ACTIVE.US SPX 500OANDA:SPX500USDinchartswetrustHello, traders! Yesterday, after the massive gap and reclaim above 7,440, I wrote: “Markets rarely give such a large group of traders a chance to exit their positions at breakeven after a false breakdown like this. With so many shorts now trapped below 7,440, my primary scenario was a continuation toward 7,555 right from the start of the U.S. session.” 🦬🔪🔪⚰️❌Unfortunately, that scenario didn’t play out. The market sometimes has a way of surprising everyone. 🐻🪓Fortunately, I also outlined the bearish alternative in case 7,440 failed to hold, so I hope the move lower didn’t catch the bulls off guard. As long as SPX remains below 7,440, my downside targets remain unchanged: - 7,380 — Swing low - 7,300 — Local horizontal support + 1D EMA 100 - 7,000 — Previous all-time high Peace! 🌄 ⚠️ Disclaimer: All information shared on this channel is for educational and informational purposes only and is not investment advice. The author is not responsible for your trading decisions. Always manage your risks and make decisions independently.