Morning Update - Market Analysis for May 12th, 2022

May 12, 2022 - 9:41 AM EDT

With the further break down, I have to adopt the more bearish yellow count for an extended 5th wave - at least until the market invalidates it by breaking back over 4005.SPX. So, for now, I have to view the market was wanting to attach that 3700SPX region, at least until we get a break back over 4005SPx.

5minSPX

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