Normally when a market completes a five wave move the direction of a trend will change with minimum pf three waves. And this is exactly what is expected on E-mini S&P500. We can see five waves up from 1981 with five subwaves in red wave 5) from 2141. So we have all pieces of the puzzle that can cause a bearish turn. Ideally a three wave set-back is coming back towards 2141 area.
S&P 500, 4H
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