$SPX is vulnerable to a 2nd wave pullback

TRIGGER TRADES
01-25 06:55

$.SPX(.SPX)$ is vulnerable to a 2nd wave pullback as 5-waves have been traced out from the 01/13 low.

The loss of 6100 is a strong warning the 2nd wave is occurring and if so, price should target the Daily FVG at 6076-6015.

That Daily FVG should then act as support to produce a 3/4/5 wave sequence targeting the 6250-6375 [W5] of Wave 5 targets.

$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2503(NQmain)$

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