Remaining bullish on SPX and how I think through my chartsS&P 500SP:SPXemanuelaeliasVideo Recap: The Zoomed Out View Weekly moving averages are reordering and turning up The weekly chart shows that the 10EMA and 20EMA have now crossed the 50SMA and are turning up. That reordering adds strength to the broader trend. This past week, the index reclaimed 6,000, which is a key psychological level. And we also saw price bounce off the uptrend line drawn from the April low, showing buyers are still defending key areas of support. Daily pullback found support The daily chart gave us a pullback the Friday before last, but it held right at a confluence of support (the 20EMA and 200SMA), along with a horizontal level drawn from the weekly timeframe. Digestion periods can shake you out if you’re too zoomed in The last few weeks have been a reminder that chop can test your patience and your plan. We didn’t break trend, we just pulled back to support. But if you’re too zoomed in, it can feel like everything is shifting. That’s when stops get hit early, trades get closed prematurely, and new positions get put on for the wrong reasons. In reality, this was just a normal digestion after a strong move. And when in doubt, zooming out brings the clarity back. Trendlines and levels are guides, not absolutes There were a few moments in my chart review this week where I caught myself trying to make lines matter more than they do. But these tools (trendlines, moving averages, support and resistance) only matter in the context of what price is doing around them. Structure tells the real story. One line getting hit or crossed doesn’t mean the whole thesis breaks down. What matters is whether buyers step in, whether trend resumes, and whether your trade idea still fits your system. So what now? Here’s what I’ll be watching this week: We’re holding above all major MAs. If we push through the February all-time high, that can shift sentiment, especially for retail traders who may see that as a signal that “we’re in the clear.” If we stall below the ATH, that wouldn’t be a problem by itself, but I’d watch how price behaves...ie are we pulling back constructively or losing key levels? I’m not leaning bearish and won't be unless we start closing below 5,800 (200SMA) and definitely if we can't hold the rising 50SMA. (My second scenario after my bullish one is sideways, so bearish for me is out for now.) When the market starts moving, the best thing you can do is trust your prep, lean into your plan, and zoom out when things get noisy. The bigger picture hasn’t changed.