The NDX has shown trends down recently and came into a short-term low, presenting opportunities even when the SPX was stagnant.
Source Post
US Stock Market - S&P 500 SPX | Price Projections & Cycle Timing
Aug 1, 2026
The creator discusses the S&P 500 (SPX) trading within a larger range, noting that sector movements have been rotational rather than broad-based. While short-term opportunities exist intraday and in specific sectors like the NDX, the overall market lacks directional conviction. The creator emphasizes the need for sectors and other indices like the RUT to align before a significant directional move is expected in the SPX.
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The S&P 500 (SPX) is currently trading within a larger range with a neutral core bias, indicating a lack of significant directional movement.
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