SPX Tests 6800–6750 Support, Wave-4 Scenario Intact

TRIGGER TRADES
01-21

$S&P 500(.SPX)$ declined into the 6800–6750 zone as projected.

If this decline is Wave 4, expect an ABC to complete in this area before a final Wave 5 push higher.

Failure to stabilize here — a break below 6700 or a weekly close < 6770 — would invalidate the W4/W5 setup and confirm the top is in.

$E-mini S&P 500 - main 2603(ESmain)$ Friday's low was the line in the sand -> as below would trigger the larger reversal to the 6800-6750 zone in a sharp decline ✅

Intraday, our upside objective was the H4 FVG resistance, which was tapped after outlining the bounce path 🎯

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