 Welcome traders to another Tick Me a Wave Analysis session with me, Patrick Munley. I want to draw your attention to the S&P 500 run with daily time frame. I've marked up the cycles here that I'm tracking from the pandemic lows. We have the first wave, first leg to the upside, subdivided nice into five waves. Then a corrective pattern played out nicely, set up the next leg to the upside and our first wave completed on the higher degree time frame. Now we're extending up into a potential fifth wave here, which will ultimately be the third of the higher degree, the primary cycle and we're looking for a fifth wave extension. But for now, we want to pay attention to prices that test into this ascending trend line resistance, 44.90 to 45.00. I think that's going to be an opportunity on the short side to play from move to at least test down to 42.50. As always, traders, plan the trade. Trade the plan, most importantly, manage your risk. Until next time, thanks for watching.