A short-term trade with 1.50 R:RS&P 500 IndexTVC:SPXkashif493SPX500 (7358) Short sell = 7335 below Buy = 7200 SL= 7430 Lot size = 0.1 Potential profit = $ 135 Potential loss = $ 95 Reason: Completed 5-wave cycle around 7500. Now, it is in ABC Correction. Level of 7335 was respected by the market, being level of C-Failure correction. Breaking it below will lead to 7190 under rule of equality.