S&P500 nearing a 4H Death Cross after 4 months. History repeat?

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S&P500 nearing a 4H Death Cross after 4 months. History repeat?US 500 (per 1.0)TRADENATION:US500TradingShotThe S&P500 (SPX) is close to forming a 4H Death Cross for the first time in 4 months (since February 12 2026). When that last took place, the index was within an identical Bearish Megaphone, with the price at the Top (Lower Highs trend-line) of the pattern as today. The 4H Death Cross initiated a new Bearish Leg that hit the 1.0 Fibonacci level, the first Low of the pattern. With the 1D RSI sequences among the two fractals also on identical Lower Highs, a repeat of that 4H Death Cross would send the price to 7330 (current Fib 1.0). If on the other hand the ATH (Fib 0.0) breaks, the market should continue the bullish trend towards initially the -0.382 Fibonacci extension at 7740. --- ** 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‘‡