SPX Roadmap January 2025

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Likely topping out in 2Q25. Vol will be increasing into that
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So far so good
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Topping process underway as expected
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Today at 5509 was an interesting level and FIB retrace. Also exactly 2 months after the Jan low and seasonally also potential bottoming timeframe. So will be interesting tomorrow or Monday whether a good reversal happens. Fridays this year have been very weak which is normal for bearish regimes
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Lets see whether this week SPX can bounce to low 5800s
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Could not, just 5780. This opens up 4900 into summer. Likely into May consolidation and then fall into July
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I have an itch that strategic support will be touched within a week or so
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I meant intermediate support for 2025
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Strategic support likely to be tested already within next 2 weeks
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The decline has been very quick
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Strategic support lowered to 4000. Can come as soon as Oct/Nov this year
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The intermediate support held on the retest. When u consider i drew this months in advance without knowing about tariffs or whatever tells you everything u need to know how markets work

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