$SPX Wave 4 Isn't Done Yet, 7200 Remains the Target
$S&P 500(.SPX)$ is still set up for one more push lower to terminate W4 — targeting 7235–7200.
The Daily FVG should keep acting as resistance into that final leg.
Watch for a bounce to tag today's high / the FVG → then SOLD for the next leg down.
Once the downside target hits, the W5 rally sets up through July.
Daily close above 7468 flips it back bullish — W4 triangle back in play.
While we're bearish on the Daily, the indicator flagged a beautiful intraday W4/W5 long.
Members banked BIG.
The model grades the setup — you take the trade.
Grab the indicator $E-mini S&P 500 - main 2609(ESmain)$ $SPDR S&P 500 ETF Trust(SPY)$
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