S&P 500 Spot Index Breakdown

We are approaching a death cross — the 50-day moving average is slipping below the 200-day. Here are the levels we are watching on the downside.

📊 S&P 500 Spot Index Breakdown – April 2025 $SPX Let’s assess key price levels, historical context, and what’s ahead. Chart shown is the montly candle chart to show the years

⚠️ Death Cross Warning

• We are approaching a death cross — the 50-day moving average is slipping below the 200-day.

• 📉 Last occurrence: March 17, 2022

  🔻 Market bottomed in October 2022

  📈 Highs not reclaimed until January 2024

• That drawdown?

  From 4810 → 3500 = –27%

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📉 If History Repeats:

• Current peak: 6147

• A –27% drawdown would bring us to target: 4488

  🟡 That’s just beneath the long-term trendline from the COVID lows — critical support zone

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📌 Downside Key Levels to Watch:

• 4800 – Bounce zone & 2025 lows

• 4662 – Long-term trendline support (COVID bottom extension)

• 3500 – Major support & 2022 low

  ‼️ (3500 would be a –43% drawdown — worse than the COVID crash (-36%)   Unlikely unless we enter a deep recession)

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🧠 Bottom Line:

• The death cross is a bearish signal — be cautious.

• 📍 Watch 4800 and 4662 as major levels of support.

• If the market mirrors 2022 behavior, 4500 is your realistic downside target.

• 3500 is the line in the sand if things unravel severely. massive buy zone!! 🚨

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🌐 Macro Notes:

• Market action still sensitive to trade headlines, tweets, and negotiations.

• No trade deals + elevated tariffs = pressure remains.

• But… If tariffs are lifted or deals are made → we could rocket higher fast.

Either way--We will be ready!

Lock in our Discord for the next trade alert. Trade decisively, happy hunting.