SPX WYCKOFF DISTRIBUTION IN PROGRESS Structure is forming exactly where it should 1. Buying Climax - already printed at the highs 2. Secondary Test - confirmed right into resistance 3. Current Phase - range forming under ATH This is not strength - this is positioning Market is building liquidity inside the range Next step: Upthrust above highs -> trap late buyers Then the real rejection begins NOTIFS ON!(Gargoyle)