A break of the intraday high would setup a W3 formation today and a strong positive close..2520 is the key breakout level as this w4 up could turn into a full .618 reversal and potential, dare I say it..bottom…but I want an ending diagonal here in a 5th wave to form to help confirm it..
[12:38PM] $SPX starting to reverse off the zigzag low in the past 30 mins
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