This illustrates the total downside unlocked in S&P in the 5-3-5 sequence, but also note how unlike the Down the lows are set to hold. An innovation play. Tech avoids the development of destruction because 2,368 looks pinned and unavoidable for a test. As you can see the small caps => mid caps => large caps as usual in the end game flows.
It is very much the same flow across the moves, the exchange of risk. We have already discussed the fundamentals in play for US Equities, we will need to start building an archive thread while helps keep track... more details on this coming soon.
Thanks as usual for keeping the feedback coming 👍 or 👎