Update: Smart Money Still Cautious Amid Significant Sell-Off

In my earlier post, “S&P 500: What Is Smart Money Doing Right Now?”, we discussed how Smart Money was signaling weakness. Since then, the markets have seen notable volatility, culminating in today’s strong sell-off. Looking at the updated chart, it’s clear that Smart Money has not yet started to engage (i.e., buy back in). This continued caution suggests that the current downturn could have deeper implications unless we see a recovery here.... https://preview.redd.it/y7hw9dxtd7ce1.png?width=1083&format=png&auto=webp&s=8ec3a778996d8940261fbe139c8efda9b1e3a091