Hellena | SPX500 (4H): SHORT to support area of 6735.

3 899
Colleagues, it seems that we are facing a combined correction, which means that wave “2” is not yet complete and we should expect a price decline to the support area of 6735, where I think we should take profits.
As part of a small “abc” correction, it is possible to reach the 6900 area before the decline begins, but I still give priority to the downward movement.

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It was quite an instructive movement. Wave “2” has just ended and represents a combined correction.
Either way, the price has reached its target, and I am considering the next movement in wave “3.”

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