SPX Primed for Ultra Bearish 3rd Wave Flush
$S&P 500(.SPX)$ terminated the 2nd wave and is primed for the ULTRA BEARISH 3RD WAVE FLUSH !
Price holds a bearish WXY model with an impulse down from the 5786 2nd wave extreme that should not be crossed targeting 5390-5210-5120 for the 3rd.
Even if the 2nd wave tries to exaggerate, we're still targeting a sharp pullback to 5603 – nothing changes.
The multi-year bear market has officially begun, and it's about to make its presence known in a BIG way.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2506(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2506(NQmain)$
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Alternate with SPX crossing 5603 before exaggerating the 2nd wave correction below:
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