Area of invalidation is at around 2555. It looks to have completed the corrective pattern higher and is set to move lower. If the price goes above 2555, a strong bullish wave count is in trend and SPX is will go higher. As long as we stay below this invalidation price level we will move lower to towards the target.
Note
TYPO: I meant 2955 on the SPX CASH INDEXTrade closed manually
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.