Negative momentum is currently extreme as the Bear Market persists following the October 10 flash crash. However, we have recently seen the first failed attempt by buyers to establish a regime change. Historically, momentum readings of +0.5 and -0.5 are key levels that determine substantial shifts in the structural regime. In mid-January, there was an attempt to trigger a bullish structural change, but sellers successfully defended their position, maintaining the bearish structure and returning to an environment of extreme negative momentum. The behavior of momentum at these inflection points is key to determining powerful structural changes in the medium and long term.