SPX short day trade: 7th October 2021

SPX looks like it's in a big wave 4 of a down-move, which should be cause for concern for bulls. For traders, it's usually going to mean the market is tough. Especially for breakout trading. Most strategies won't work - but if we're in wave 4, we're about to see some epic swings. Positioning for the potential false breakout low in wave 5 (See linked)