The S&P 500 is flashing a chart pattern that every trader needs to see right now. In this video, Gareth Soloway breaks down the exact technical setup that could lead to a 15-20% market crash — and what has to happen first for that to confirm.
Gareth walks through the daily chart trend line that called the recent drawdown, explains why the bounce happened exactly where it did (scene of the crime), and then zooms out to the logarithmic macro chart connecting the 2009 financial crisis low to the COVID low — and what that trend line means for where we are RIGHT NOW.
This is chart analysis at its deepest level. No opinions. No noise. Just levels.
📌 What's covered in this video:
The S&P 500 daily trend line breakdown and bounce
Why the SpaceX IPO and Iran deal moved the market
Scene of the crime — what a retrace to a broken parallel means
Lower low confirmed. Lower high still to be determined.
The failed breakout scenario and what 15-20% downside looks like
The logarithmic macro chart: 2009 low → 2020 low → current peak
Video Length: 00:12:22
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