Target Hit. Time To Flip the Script? | SPX Analysis 28 Jul 2025

✅ Directional Bias: Bearish (Until Proven Bullish)

The breakout move is now over. Target at 6362 has not only been reached – it’s been cleanly breached, with SPX tagging 6390-6395 before stalling just below the 6400 psychological round.

That means: we’ve officially shifted out of breakout mode and back into mechanical Tag ’n Turn logic.

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Bearish Setup: Now Active

• A clean Tag of the Upper Bollinger Band

• Followed by a Red Pulse Bar

• Validated under the key entry zone at 6390

This gives us a textbook Bearish Tag ’n Turn, now live.

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Risk Management: Hedge Zone Engaged

We’ve also defined a tight hedge zone between 6395-6400.

If price closes above 6400, the bearish idea is considered invalid.

➡️ In that case, we:

• Hedge vertical credit spreads (buy protection)

• Close broken wing butterflies for small losses

• Return to bullish setup scanning until a new Tag + Pulse combo appears

But until that happens – this is a valid short trade opportunity for premium sellers.

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Weekly Recap

• ✅ 17-18 July: Breakout confirmed above the 6290 range high

• 6362 Target hit and cleared by early week

• Stalling action near 6400 since Wednesday

• Bear Pulse Bar printed Thursday – first post-breakout reversal signal

• ✅ Mechanical system is back in control – we’re hunting setups, not forecasting moves

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Looking Ahead

What matters most now:

• Bearish Tag ’n Turn remains active as long as we stay below 6400

• No new bullish trades unless:

  • We get a Tag of the lower Bollinger Band plus Green Pulse Bar, or

  • Price closes above hedge zone and confirms strength

Avoid guessing the top – just follow the Pulse + Tag combo.

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What Traders Should Be Doing:

• ✅ Active Bear setup → Tradeable

• Hedge Zone = Manage Risk Proactively

• Bullish setups = on pause until reset or break higher

In short: we’re bearish until we’re not.