The SPX wave pattern looks CLEAR

TRIGGER TRADES
05-16

The $S&P 500(.SPX)$ wave pattern looks CLEAR.

Tomorrow is time to start shorting as SPX is about to terminate the ABC structure from the Apr 21 low, which would favor a HIGHER DEGREE CORRECTION following.

An Daily/H1 close below 5845. would now be the first indication with the cross of the 50% retrace confirming such - currently 5750.

Both bear and bull counts suggest that being hit, thus making it high probability.

I’ll be looking at the lower Daily FVG at 5642-5582 as support for the 4th, or for the bears to bounce then break that down.

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

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