SPX finally completed the rally

TRIGGER TRADES
05-22

$S&P 500(.SPX)$ finally completed the rally from the Apr 21 low after reversing from the 50-61.8% measured targets.

Price should now be beginning the next major wave down or bullish 4th wave pullback - BOTH favoring downside to at least 5762-5691.

Bulls inverted the Weekly FVG, so they have the edge, but the Bears remain in play as long as the 5968 high is not crossed (Bear invalidation)

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

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