ATM, only around 21% of SP500 stocks are above the 50-day MA. Below 20% is when major reversal was formed, June 2022, Oct 2022, Mar 2023, Oct 2023, April 2025.
Chart source: @MacroMicroMe

Big support on SPX is at 6100/6200, as already mentioned by Grega on X. You can visit full post here https://x.com/GregaHorvatFX/status/2019404270521520351/photo/1

We have launched special offer for members only application – where you can test our services for 1 month just for 20 EUR!
Become a premium member
Get daily Elliott Wave updates for US Single Stocks, SP500,DAX, GOLD, SILVER, CRUDE, FX, CRYPTO, etc. or apply for unlimited access to the Elliot Wave educational videos.
