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![SmartReversals Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1409946076870852616.png) SmartReversals📈 [@SmartReversals](/creator/twitter/SmartReversals) on x 19.8K followers
Created: 2025-07-16 20:51:54 UTC

$SPX: After a reasonable downside continuation from yesterday's bearish engulfing candle, the price found support and bounced today (breaching $XXXXX for a moment - a support shared to subs last Friday).

This consolidation is occurring on top of the current volume shelf, which is a constructive development for the bulls as it strengthens this support area.

As mentioned yesterday, a close above the high of that bearish engulfing candle is required to invalidate the signal.

![](https://pbs.twimg.com/media/GwAcONAXMAAAnXD.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945587218665673059/c:line.svg)

**Related Topics**
[spx](/topic/spx)
[subs](/topic/subs)
[candle](/topic/candle)
[bearish](/topic/bearish)
[$spx](/topic/$spx)

[Post Link](https://x.com/SmartReversals/status/1945587218665673059)