SPX Bearish Setup / Correction OutlookS&P 500SPCFD:SPXPratik_4CloverLooking closely at the daily chart for SPX, we are seeing signs of momentum slowing down after a powerful rally to the upside. The Setup: Price action is currently consolidating near recent highs, forming a potential top. The Projection: A downward correction wave is mapped out, targeting a move towards the 6,900 support zone. Key Metrics: This points to an anticipated downside move of roughly -521.33 points (-7.02%). Watch key support levels closely as price approaches this projected target zone. As always, manage your risk properly!