SPX still has more room lower to 5995-5975
$S&P 500(.SPX)$ resolved lower favoring that [W4] is still progressing in the form of a triangle.
It is possible the triangle is complete, but I lean SPX still has more room lower to 5995-5975 since $E-mini S&P 500 - main 2503(ESmain)$ did not cross its 02/09 low.
Expect price to find resistance at 6083-6100 to then reach those targets before terminating the [W4] triangle leading to the final [W5] rally.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2503(NQmain)$
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