S&P 500 (ES) — ES collapsed -2.1% from 7,859.75 to 7,694.75 in the week ending October 16,…
Cautiously bearish after -2.1% weekly decline and VIX spike to 19.99 signals breakdown from consolidation, with market awaiting housing data cluster October 19-22 and positioning defensively into October 27-28 FOMC meeting as AI capex concerns create sector rotation pressure despite robust earnings
