spx rejects multiple times from validation wave 1

that gives us more confidence for further drop into local sub3. Only in case of close over validation wave1 line - would mean , thought bear-market trend is broken. have in mind that from next month FED pushes ZERO money in system.. and hiking rates always possible in view of historical high inflation. Those news are killers for this bubble.
Technical IndicatorsLONGnasdaqshortSPX (S&P 500 Index)Trend AnalysisWave Analysis

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