$SPX is set up for a SHARP 3rd wave flush

$.SPX(.SPX)$ is set up for a SHARP 3rd wave flush.

Price completed its bearish WXY model for its 2nd wave at close or will do so at 5930-5950 - with the loss of 5890 increasing odds.

If so, the 3rd wave should target at least 5820 with downside to 5775-5700-5630 (Weekly FVG)

Above 5960 would shake confidence, but the overall outlook remains firmly lower against 6017.

$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$

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  • KSR
    ·10:54
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