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BEARISH STABLE SPX

SPX Diamond Pattern Breakdown

The diamond reversal pattern that triggered Tuesday signals a potential downside move to 7,090 that could invalidate the longer-term bullish structure

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FIRST SEENJun 25, 2026
LAST SEENJun 25, 2026
→ TRAJECTORY Quiet

Too little corroboration in the last 3 days to call a trend (1 article). Watching for it to gain traction.

COVERAGE OVER TIME
0.0%7.5%15.0% Jun 25Jul 4Jul 13Jul 22Jul 31Aug 9Aug 18Aug 27
COVERAGE MIX
Mainstream 1
RELATED THEMES

Themes moving alongside this one — where the same story is bleeding across assets, and where it's contested.

⇄ CROSS-ASSET Historically confirmed Diamond Tops in the Nasdaq-100 have demonstrated high probability of reversals with downside moves averaging 15-20% before meaningful reversals or consolidations. BEARISH NDX ⇄ CROSS-ASSET ETH SuperTrend Bullish Crossover BULLISH ETH ⚔ COMPETING SPX 50-Day Moving Average Bounce BULLISH SPX ⇄ CROSS-ASSET Bitcoin Monday Pivot High Pattern BEARISH BTC ⇄ CROSS-ASSET Bitcoin's seven-sigma weekly move breaking above the 200-day moving average mirrors historical patterns that preceded substantial further gains. BULLISH BTC ⇄ CROSS-ASSET BTC Monthly TD9 Exhaustion Signal BULLISH BTC
SOURCE EVIDENCE

"The SPX gapped below the lower boundary, triggering the pattern and producing a downside target near 7,090... reaching that objective would simultaneously invalidate the longer-term bullish flag pattern."

CNBC mainstream_finance Source article