here is my setup for on S&P500 my expectation is the end of the long up move gonna be from the area A or B in chart all my SL for both area make sure to trade with SL the down move gonna be fast and maybe you will not able to enter the trade the best way to trade it to wait until you see the first move then you try to have entry on 5060% of reverse wave i think this the best to have nice position