Normally when market completes a five wave move, the direction of a trend will change with minimum three waves. And this is exactly what is expected on E-mini S&P500. We can see five waves up from 2141 to 2190 that represents a final leg within larger bullish impulse. We have labeled it as wave 5), so ideally market is now making a new corrective A)-B)-C) retracement as a Flat that may look for a bottom near 2150 region this week.
S&P500, 4H
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