🚨 MARKET UPDATE 🚨 While the masses remain bewildered, yours truly unveils the hidden machinations at play. S&P 500 & Nasdaq Composite Update✨ In a twist of geopolitical theatre, Trump briefly halted the sell off by mentioning escorting oil ships through the Strait of Hormuz, injecting a fleeting spark of optimism as fears of disrupted energy flows gripped the market. Yet don’t be deceived: US markets swung wildly on extremely low volumes despite those 2% moves, barely hiding the lack of conviction. We now edge perilously close to critical support levels: SPX 3800 (breached but recaptured) and Nasdaq 22k. These once impregnable thresholds now teeter on the brink after repeated tests eroded their strength. A decisive breach will unleash relentless selling. Programs will flip, technical levels will turn into merciless downside magnets, trapping eager retail buyers diving in headfirst. Vigilance is essential. Complacency leads to ruin. No room for the confused and vulnerable herd. Yours truly, The Great Martis ✨
The Great Martis
The Great MartisMar 3, 05:59
🚨WARNING🚨 Whilst most ponder and wonder, yours truly will provide clarity and the probable path moving forward. S&P 500 & Nasdaq composite index✨ The major levels of support shown below on both indices are their event horizon. They are so significant that if breached, the broadening patterns, rising wedges, and rounding tops that I keep updating will be activated. The millions of programs and technical eyes on these levels triggered immediate buys, and so we witnessed and for some, a very confusing bounce.Whilst retail traders scratch their heads in confusion, yours truly continues...Don't be fooled ....you would have noticed large dumps and wild swings during this process. That's called mass distribution to the confused and vulnerable cattle. Please oh great one ..what will happen next .. I shall oblige this question with my decades of experience...As now the lows of these critical levels have been tested once again, they have weakened. The next breach will not be forgiving. The programs and technical eyes will flip and begin to sell aggressively to those still willing to buy ....mostly retailers diving in head over heels. This is precisely where the bulk of the volume for that big red candle will concentrate: just under major support.Once the retailers finally realise that major support has been lost, they will add fuel to the fire in panic, and so it begins. No room for complacency Stay vigilant. Yours truly, The Great Martis.✨
*SPX 6800 not 3800
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