S&P 500 4H Outlook – Bearish Breakdown Confirmed S&P 500 Index CashFX:SPX500LIVERMORE333🇺🇸 January 15 – S&P 500 (SPX500) 4H Outlook 📉 Last night we clearly broke the critical level at 6892.15, so here’s the updated 4H view: ① Bias: Bearish ⤵️ There will be bounces of course, but on the bigger picture, the corrective high is set at 6940.40 (Jan 13) → downtrend confirmed. ② Main Count The Flat correction (A-B-C) from Oct 25 ended its B wave on Jan 13. We are now in the downward C wave (5 sub-waves), currently forming wave 1. (Wave 1 might be developing as a Leading Diagonal) ③ Key Levels • STF Resistance: 6943.93 • LTF Resistance: 6975.43 • STF Support: 6884.29 • LTF Support: 6718.60 ④ Alternative Invalidation: Daily close above 6990.40 → If triggered, upside continuation toward ~7,050 max is possible THINK SIMPLE 📈 #SPX #SP500 #ElliottWave #TradingView