S&P 500 can be trading in the final stages of wave 5 where we still see a small room towards 2780 area, but be also aware of an earlier decline. However, S&P 500 is currently bullish and will remain as long as it's above 2680 region, so any earlier decline back below previous blue wave 4 would be an indication of a completed five-wave rise.
S&P 500, 1h
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