SPX remains set up for the 3rd of the 3rd wave to target 6180
$.SPX(.SPX)$ remains set up for the 3rd of the 3rd wave to target 6180.
If so, price should find support at the H4 FVG 6053-6014 to rally higher to that 6180 target, but ultimately 6250 for [W5] of Wave 5.
However, an H4 close below 6014 would suggest price targeting the 5962 swing low.
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- SuperDuper1·02-02The diagonal triangle in LV3 is longer than the preceding wave iii and wave iii is the shortest in that sequence which invalidates the count.LikeReport