SPX500 30min: Leading Diagonal Decline + Short SetupS&P 500 Index CashFX:SPX500LIVERMORE333SPX500 30-Minute Chart Leading Diagonal decline started from the May 14 high. Wave 2 retracement has been quite deep, but it has not clearly exceeded 7,523.25, so the Elliott Wave count remains valid. Invalidation Level: 7,523.25 As long as price stays below this level, the next likely move is a strong Wave 3 decline after breaking 7,393.73. Weekend / Monday Position Plan My main timeframe is the 4-hour chart, which has not yet shown a clear sell signal. Therefore, I plan to enter a light short probe with a stop loss at 7,523.25. If 7,523.25 holds, the scenario stays intact. If broken, I will exit immediately and wait for confirmation on the 4H chart. #SPX500 #ElliottWave