Welcome back, everyone—it’s time for the Weekend Review.
I’ve had a ton of messages lately asking, “What’s going on with this market?” and “Where are we headed next?” So let’s dig in and break it all down.
Last week brought an intense sell-off. The relief rally we saw two weeks ago—kicking off from the 5560 zone—ran straight into major resistance at the previous all-time high on the weekly chart. That resistance level did exactly what we anticipated… and it crushed the indices. The S&P 500, in particular, has taken a beating and currently looks like it may be on the path to fresh lows.
In this video, I walk you through all three major S&P 500 charts—SPX, SPY, and ES futures. We take an in-depth look at key levels, discuss what’s driving the current price action, and I share the potential setups I’m watching heading into the new week.
If you enjoy the breakdown or have questions, feel free to leave a comment right here on the blog—or better yet, join our growing community in Discord. There are hundreds of traders inside, and you can get live, actionable feedback by simply clicking the invite link below.
Have a great weekend and a strong start to next week. Stay patient, stay disciplined—and together, we will conquer the markets.
Ryan Bailey
VICI Trading Solutions
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