S&P 500 Bounce Warning: Why Lower Lows May Still Come

2026-03-24 / John Carter

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In this video, John Carter breaks down why the recent bounce in the market may be tradable, but not enough to signal that the larger downtrend is over. He walks through weakness in the Mag 7, key SPX levels, and the technical signals that suggest traders should stay cautious. You’ll also hear how interest rates, gold, oil, and broader macro pressure are shaping the current environment. It’s a timely market update for traders trying to separate a short-term rally from a true trend reversal.

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John Carter

John Carter’s father was a Morgan Stanley stock broker. One day during high school, John came home from the mall where he was working at a store making cookies. He had saved up $1,000 over the course of a few months and his dad told him that he and some of his friends were going to buy “some call options on Intel” the next day. With his father’s direction, he bought 10 call options at $0.75, and sold them a few days later for $1.50, doubling his money. He was hooked and has been trading ever since—going on 25+ years now.