SPX - THE BEAR MARKET IS SET TO RESUME

TRIGGER TRADES
04-12

THE BEAR MARKET IS SET TO RESUME

$S&P 500(.SPX)$ CONFIRMED the bearish WXY model invalidating that the rally off the lows is impulsive.

Therefore, 4835 is not safe as that should be crossed to decline to 4600-4400.

However, there is strong risk of sideways price action to digest the historic swings before we begin the major leg lower.

Overall, looking lower against 5481.

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

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