SPX Dropped 135 Points in the Final Hour… Now What?

2026-07-29 / Heather Vanek

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The Fed paused like everyone expected, then the S&P dropped 135 points in the last hour of the day. I break down the levels I am watching on both sides, including the negative gamma zone below $7300 and where I would buy the dip. Plus the healthcare names setting up while tech gets shaky.

Sam Shames just opened a flash sale on his True Momentum Pro system. If you have been watching me hunt squeezes and momentum, this is the exact toolkit built for that kind of trading. It is how you catch the moves early instead of chasing them. Grab it during the flash sale and use code TMSPRO30026 to lock in the discount.

2026 Q2 SS True Momentum – Sales Page

Heather Vanek