SPX is lacking a bearish indication on the lower time frames

TRIGGER TRADES
04-29

$S&P 500(.SPX)$ is lacking a bearish indication on the lower time frames as of now - increasing odds we will trade to 5685-5750 with a break above today's 5553 high would favor such.

However, if we fail to cross 5553, then trade below today's 5468 low - odds would shift to favoring price heading to the bearish WXY confirmation point (50% retrace of Apr 21 rally).

$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2506(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2506(NQmain)$

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