https://ganninsides.com/2025/08/01/sp-500-the-clock-is-ticking-for-a-proper-reversal/
As we discussed, August 1st was a critical time cycle date for the S&P 500. A decline towards the 6200 mark was highly probable, and what followed was quite interesting: the market crashed to 6200 on that very day before reversing sharply. Since the 6200 support held, setups have turned bullish again, with the market clearing its July 31st high. This now signals a further rally towards the 6651 mark, which could occur within the next few days. The next significant turn date for the S&P 500 is August 25th.
In the near term, support lies at 6380, and buying on dips is advised as long as that level holds.
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