$SPDR S&P 500(SPY.US)Danger:
sustained <7,400 → tactical structure deteriorating substantially.
Major warning:
approximately <7,200–7,250 combined with worsening breadth/credit/volatility → I would stop treating it as an ordinary dip.
I would not automatically buy simply because one of those prices is reached. Your upgraded system should require the Opportunity trajectory to turn before committing.
The setup I’d most like to see
For your system, the ideal sequence would actually be:
SPY falls 2–4%
→ 30m Danger peaks
→ Danger velocity falls
→ 30m Opportunity turns
→ 1H follows
→ breadth stabilizes
→ VIX stops accelerating
→ 4H confirms
→ Daily trend remains intact.
That would be a much better entry than buying SPY at today’s elevated level simply because Weekly remains bullish