{"id":48577,"date":"2026-03-05T22:37:04","date_gmt":"2026-03-05T22:37:04","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/a-video-reviews-his-private-webinars-bearish-sp-500-outlook-later-followed-by-a-166-point-drop\/"},"modified":"2026-03-05T22:37:04","modified_gmt":"2026-03-05T22:37:04","slug":"a-video-reviews-his-private-webinars-bearish-sp-500-outlook-later-followed-by-a-166-point-drop","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/live-updates\/a-video-reviews-his-private-webinars-bearish-sp-500-outlook-later-followed-by-a-166-point-drop\/","title":{"rendered":"A video reviews his private webinar\u2019s bearish S&P 500 outlook, later followed by a 166-point drop"},"content":{"rendered":"We are seeing a familiar bearish structure developing in the S&P 500, reminiscent of a pattern that formed in 2025. Looking back from that time, we identified an A-B-C Elliott Wave formation that correctly anticipated a 166-point market drop. That setup involved a sideways triangle consolidation followed by a decisive break of a key trendline.\n\nToday, in early March 2026, the index is showing similar signs of exhaustion after failing to break new highs last week. The latest Non-Farm Payrolls report on February 28th showed a slight cooling in the labor market, which the market initially ignored but now seems to be weighing on sentiment. We see this as the potential end of a corrective B-wave, setting up another move down.\n\n

Key Trendline Break Watch<\/h3>\nDerivative traders should be watching the 7150 level on the SPX, which represents the current key trendline. A definitive break and close below this level would provide the bearish confirmation we are looking for. This would signal that the C-wave down has likely begun.\n\nFor the coming weeks, this suggests a strategy of buying out-of-the-money put options with late-April expirations. Specifically, the 7000 and 6950 strike prices offer an attractive risk-reward profile for a potential sharp decline. Selling call credit spreads above the recent highs of 7280 could also be an effective way to generate income while maintaining a bearish bias.\n\nThe CBOE Volatility Index (VIX) has been slowly climbing, recently closing at 19.2, up from a low of 16 just three weeks ago. This is still modest compared to the spikes above 27 we saw during the 2025 downturn, indicating that option premiums for protection are not yet excessively expensive. A move in the VIX toward 22 would add conviction to the bearish outlook.\n\nIf the trendline at 7150 breaks, our initial target would be in the 6980 area, which aligns with key support levels from the fourth quarter of 2025. This move would mirror the magnitude of the drop we successfully forecasted last year. Traders should consider setting profit targets ahead of this level.\n\n

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Video recounts bearish Elliott Wave webinar call; S&P 500 later fell 166 points after confirmed trendline break.<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-48577","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\n\t\t