Market is setting up for a Wednesday sell off into GDP /Powell

Seems like this market is trading on hope to the upside after all the data comes out and then sells hard to the Fed reality. If my wave theory is correct we may see a little more upside with a grind higher Monday/Tuesday but after that I see us selling off hard with the start of a new corrective wave A down to a bounce off the weekly 200sma 3675 region. I think this bounce will be our only Christmas Rally into the new year before we see more blood letting with our longer C waive down to the 3400-3200 range. I will begin accumulating long term positions here if we see this play out.