$SPX Alert: The short-term top is holding strong, and the stakes have risen
🚨 $.SPX(.SPX)$ Alert: The short-term top is holding strong, and the stakes have risen for a deeper B-Wave pullback. ⚠️
The market delivered a decisive impulse down coupled with a bearish WXY Model, signaling at least one more leg lower toward 5805 before final 5th (!).
However, if we drop below 5775, the B-Wave confirms favoring additional downside to 5700-5650 before launching into the final C-Wave of Wave 5.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
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We expected another leg down after $E-mini S&P 500 - main 2412(ESmain)$ produced a bearish impulse followed by a rally to the bearish M30 FVG 📉
$E-mini S&P 500 - main 2412(ESmain)$ then declined 40 points from the M30 FVG 🔥
Trade Set Ups🟢🟡🔴
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