SPX broke down after failing to make a new high

TRIGGER TRADES
04-17

$S&P 500(.SPX)$ broke down after failing to make a new high favoring the 5082-4973 range being the downside target area.

From there, we could bounce to form a bearish triangle or begin one last leg up taking price above last week's 5485 high - before beginning the next major leg down.

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

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