SPX should have completed the 1st leg down at today's low
So far, the pullback is still corrective, instead of impulsive, in nature.
Next step we could
1: Rally strongly from here, which is a clear sign correction is over
2: bounce up for a small b wave, and come down to test 6650 again. This is also allowed for the bullish setup. It just means the grinding taking a bit longer and shaking more people off
Again, breaking below 6650 is a strong yellow alert. Breaking below 6500-6600, need to run :)
