Every major correction on this chart started the same way.
The Weekly 9 EMA crossed below the 21 EMA.
2022 Bear Market
• Drop: -27%
Market rallied…
Then another correction
• -10%
Market rallied harder…
Fast forward to now:
Tariff Panic
• Drop: -21%
We rallied again…
And the same weekly bearish cross just printed.
If the pattern repeats, the next move could be roughly another -13% correction.
One green day doesn’t change the weekly structure.
Weekly charts > Daily charts.
Every major correction on this chart started the same way.
The Weekly 9 EMA crossed below the 21 EMA.
2022 Bear Market
• Drop: -27%
Market rallied…Then another correction
• -10%
Market rallied harder…Fast forward to now:
Tariff Panic
• Drop: -21%We rallied again…… pic.twitter.com/sQaQlnXrdr
— RonnieV (@TheRonnieVShow) March 16, 2026
The $SPX has now been stuck in negative gamma for 3 straight weeks.
Down moves accelerate.
Rips fail faster.
Volatility stays elevated.This isn’t a trending tape. It’s a liquidity vacuum. pic.twitter.com/YCjI2ibgcX
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) March 16, 2026
$QQQ MILLIONS worth of puts have been added now
Who is loading up today??? https://t.co/CoevHqL1rs pic.twitter.com/jHfyCEYDYU
— Cheddar Flow (@CheddarFlow) March 16, 2026
S&P 500 seems to be mimicking the Q1 2025 fractal.
I think another 10%-15% correction in SPX is highly likely this year. pic.twitter.com/iUFPEjEB2x
— Ted (@TedPillows) March 16, 2026
Any pop higher will be met with full force of May and end of month puts on my end.
The new target is down at 660 again. If we get pushed up towards the 680 target, I will use it as a opportunity to add to the May puts.
Don't get me wrong, I would love to add near 675-680. But…
— TraderJonesy (@TraderJonesy) March 16, 2026