According to @KobeissiLetter, the S&P 500 fell below 6,600 for the first time since September 25, highlighting a near-term level break that traders can reference for risk management, source: @KobeissiLetter on X, Oct 10, 2025. According to @KobeissiLetter, the index remains up over 36% from its April 2025 low, providing broader trend context for positioning and performance benchmarking, source: @KobeissiLetter on X, Oct 10, 2025.