Quant is the FUD killer. Here he is with his data driven insights. Says supportive flows won't allow for a big pullback most likely.
Quant says that the deepseek news has just helped SPX to get to the point where it was likely to get to anyway, just faster.
See his post on Friday, where he pointed to the fact that a retest of 5950 still seems likely. And that was when SPX was trading above 6100.

He said that above this level, flows remain supportive.

If this level breaks, then we will see 5890, but he said that flows will not allow for a big pullback just yet.

Pullback that I keep talking about of 10%+ will come after Q1 opex he said.

He said that buying flow will likely be strong in near term but we have to see how long it can last. 5990 is key level to be recovered.