TRIGGER TRADES
TRIGGER TRADES
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02-05 10:44

7000 Rejected. Trendline Broken. SPX Downtrend Confirmed

$S&P 500(.SPX)$ just broke below its 2/4 trendline from April. The 10-month rally is confirmed complete. Short-term target: 6500 This can happen in days, not weeks. Ceiling capped at the 7002 peak. Had extremely HIGH CONVICTION that the decline would continue today. It respected our pivot point (50%/MT) and crashed to our aggressive downside target nearly 100 POINTS peak to trough. As I wrote yesterday: SPX just rejected 7,000. The 2/4 trendline at 6,860 is the line in the sand. Break it, and this 10-month rally is officially over. $E-mini Nasdaq 100 - main 2603(NQmain)$ is flashing the same divergence we saw at the 2022 and 2025 tops. If history rhymes, we're looking at 20% downside from here.
7000 Rejected. Trendline Broken. SPX Downtrend Confirmed

$SPX 7000 Rejected, Top in Focus

If $S&P 500(.SPX)$ directly crosses below the 2/4 trendline (~6850), I'll be calling the top. That would confirm completion of the 10-month impulse from the April low, especially when paired with the persistent 3-month bearish divergence in $NASDAQ(.IXIC)$ . Together, those signals would favor a ~20% correction in 2026. SPX has entered top-watch territory. After hitting the 7000 target, price retraced 50%+ of W5 — raising the odds that W5 of Wave 5 is complete and a macro top is in. Confirmation: A break below the 2/4 trendline (~6850). If that cracks, 7002 becomes the ceiling and 6500 comes into play over the next few weeks — potentially kicking off the ~20% correction into 2026. Short-term Invalida
$SPX 7000 Rejected, Top in Focus

SPX at the Edge: 7000 Hit, Macro Top in Play

$S&P 500(.SPX)$ has entered top-watch territory. After hitting the 7000 target, price retraced 50%+ of W5 — raising the odds that W5 of Wave 5 is complete and a macro top is in. Confirmation: A break below the 2/4 trendline (~6850). If that cracks, 7002 becomes the ceiling and 6500 comes into play over the next few weeks — potentially kicking off the ~20% correction into 2026. Short-term Invalidation: 7002+ If price maintains momentum and crosses 7002, it would favor that SPX is still unfolding a sub-wave 3, with a Wave 4 pullback likely to fw back toward today’s low. If that dip is bought, it would preserve the rising wedge structure and allow for a final W5 of Wave 5 advance. Invalidation: A break below today’s low.
SPX at the Edge: 7000 Hit, Macro Top in Play

SPX at 7000: Last Leg of the Rally in Sight

$S&P 500(.SPX)$ reached the 7000 target projected from the 6800 Weekly FVG ✅ One more push to 7010–7020 is favored to complete w5 of W5 of Wave 5. This may mark the final advance of the rally from April, so cautious on the long side once reached. ⚠️ Daily close below 6933 or a break of the 6895 (W5 50%) warns the macro top is finalized. Weekly outlook playing out. SPX made a new all-time high, confirming W5 of Wave 5. Further upside is favored toward 7000 - 7020 - 7050, with the newly formed Daily FVG acting as support. A Daily close below the FVG (6933) would warn of a pullback toward the 50% retrace of W5. With FOMC tomorrow, if that 50% retrace is crossed, there's risk for a higher-degree reversal.
SPX at 7000: Last Leg of the Rally in Sight

Apple Nails 5th-Wave Target, Relief Bounce Delivers

Best potential long setups this week: $Netflix(NFLX)$ $Apple(AAPL)$ $Microsoft(MSFT)$ All three hold 5-wave declines at support. 5-wave moves are followed by retracements. Rotation into these names supports the move higher in $S&P 500(.SPX)$ AAPL (+5.6%✅) and MSFT (+3.8%✅) already delivering. NFLX (-1.7%⏳) holding structure at support. We projected a Apple 5th wave decline to 247-243 That hit 🎯 A relief bounce was there to target the Weekly FVG That hit, too 🎯 For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well
Apple Nails 5th-Wave Target, Relief Bounce Delivers

SPX: W2 Pullback Complete, W3 Rally Targets 7000–7050

$S&P 500(.SPX)$ w2 pullback came overnight, increasing odds in w3 of W5.Could see a dip tomorrow, but expecting dips to get bought to 7000–7050.Daily FVG support remains 6893–6871, though unlikely to be tapped now.Daily close below 6871 still threatens the setup. Friday, we expected a w2 pullback before the w3 rally.Both played out today — price recovered the H4 FVG then blasted to new highs for w3.$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2603(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$
SPX: W2 Pullback Complete, W3 Rally Targets 7000–7050

SPX Eyes 7000 as Daily FVG Sets Up Wave 5

$S&P 500(.SPX)$ should pull back into the Daily FVG (6893–6871) for W2 of W5. If that zone holds, price should rally off it and enter a w3/w4/w5 sequence, targeting 7000, with a measured move toward 7020–7050. A daily close below 6871 would threaten this set up and open risk toward last week’s low (probable invalidation). Count 1 | Diagonal Extension Price rallied sharply off Weekly FVG support (6800–6750) and formed a bullish SMT with $Dow Jones(.DJI)$ . This is a bullish signature that increases the odds of a continued rally toward 7000–7050 for Wave 5. ⚠️ The primary risk is that a new high completes the entire advance from the April low. Invalidations: • Below 6789 (probable) • Below 6750 (hard) C
SPX Eyes 7000 as Daily FVG Sets Up Wave 5

$SPX: W4 Support Holds, W5 Rally Toward New Highs Begins

$S&P 500(.SPX)$ Once the April trendline broke, I warned that a reversal toward 6800–6750 was favored ✅I also noted this zone as key support, set up to produce a W4 → W5 sequence to new all-time highs 🎯Today’s strong response from that support suggests W4 is likely complete, with W5 now targeting 7020–7075.6800-6750 remains W4 support regardless. While other Elliott Wave analysts were calling for lower lows, we anticipated a rally toward $E-mini S&P 500 - main 2603(ESmain)$ 6900 🎯 That rally materialized ✅, followed by the expected rejection—yet our Discord continued to favor another leg higher, which delivered 🔥 For SG users only, Welcome to open a CBA today and enjoy access to a trading lim
$SPX: W4 Support Holds, W5 Rally Toward New Highs Begins

SPX Tests 6800–6750 Support, Wave-4 Scenario Intact

$S&P 500(.SPX)$ declined into the 6800–6750 zone as projected.If this decline is Wave 4, expect an ABC to complete in this area before a final Wave 5 push higher.Failure to stabilize here — a break below 6700 or a weekly close < 6770 — would invalidate the W4/W5 setup and confirm the top is in. $E-mini S&P 500 - main 2603(ESmain)$ Friday's low was the line in the sand -> as below would trigger the larger reversal to the 6800-6750 zone in a sharp decline ✅Intraday, our upside objective was the H4 FVG resistance, which was tapped after outlining the bounce path 🎯 For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on
SPX Tests 6800–6750 Support, Wave-4 Scenario Intact

SPX Pullback Converges on 6800–6750 as Wave 4 Comes Into Focus

With the gap down, directional confluence locks in a move into $S&P 500(.SPX)$ 6800–6750.This area holds Weekly FVG support and could allow a final W4/W5 advance before the major reversal.Though failure below 6700 would invalidate the W4/W5 set up, while a weekly close < 6770 favoring the top.Both scenarios converge on 6800–6750 this week. SPX Count 1 | Diagonal ExtensionThe advance from November likely resolved as a clean 5-wave structure—not the ABC required for a terminal diagonal (3-3-3-3-3).This raises odds the diagonal from April continues.I am looking for a pullback to 6800–6750 to complete Wave 4.From there, the setup targets a final grind toward 7000–7050 for Wave 5.Invalidations: Below 7050 (probable)Below 7000 (hard) SPX Count 2
SPX Pullback Converges on 6800–6750 as Wave 4 Comes Into Focus

$NDX | Bearish Divergence Still Unresolved

$NASDAQ 100(NDX)$ NDX continues to fail to confirm new highs made by $S&P 500(.SPX)$ $Dow Jones(.DJI)$ , keeping the bearish SMT intact. As long as this persists, the divergence keeps price primed for a sharp downside moveA daily close below 25,164 opens downside toward 24,640, with scope for continuation toward the 200-MA.Alt: This condition may persist into February. If SPX/IWM grind higher, NDX may consolidate rather than break immediately — but resolution still favors a larger move lower toward 23,500 once confirmed. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and
$NDX | Bearish Divergence Still Unresolved

SPX Breaks April Trendline, Bearish Bias Emerges

$S&P 500(.SPX)$ has officially broken the April trendline — a clear character change.With the $E-mini S&P 500 - main 2603(ESmain)$ Daily CISD in place and the bearish $E-mini Nasdaq 100 - main 2603(NQmain)$ divergence still intact, the setup now favors downside toward 6800–6750.A break below today’s low shifts the bias decisively lower; a weekly close below 6770 would strongly suggest the top is in.Near-term Alt Path: As long as SPX holds above today’s 6885 low, a final push toward 7000 is possible. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks
SPX Breaks April Trendline, Bearish Bias Emerges

SPX Eyes 7000; Break Below 6900 Signals Bearish Shift

$S&P 500(.SPX)$ looks corrective -> favoring one final push toward the 7000 level while price remains above the April multi-month trendline (~6900) A decisive break below ~6900 would mark a bearish shift and signal that the larger reversal phase is underway.Mid-term: Bearish as long as $NASDAQ 100(NDX)$ is below ATH -> keeping the bearish divergence intact. We went into the close looking for a reversal at the 100% extension of the leg down, and it couldn't have been much cleaner. SPX tagged the W=Y equality at 6936 to the tick and immediately ripped a 25-point rally off the level. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited
SPX Eyes 7000; Break Below 6900 Signals Bearish Shift

$SPX Wave 5 Complete and CPI Sets Up a Reversal?

$S&P 500(.SPX)$ Primary | Wave 5 Termination?Friday’s new All-Time High likely completes the ABC structure for Wave 5, technically validating the termination of the 8-month impulsive sequence from the April low.While price can drift higher, I am braced for a reversal as $NASDAQ 100(NDX)$ $iShares Russell 2000 ETF(IWM)$ $Dow Jones(.DJI)$ all hold pending terminal wave structures. Tuesday's CPI aligns perfectly as the catalyst to trigger this move.Triggers: A break of 6880 (2/4 Trendline) warns the trend is over. - A Weekly Close < 6770 sends the mechanical sell signal (Loses 50-DMA + Inverts FVG). SPX Alternate | Dia
$SPX Wave 5 Complete and CPI Sets Up a Reversal?

$NDX $SPX $IWM $DJI Show Ending Diagonal Signals

I’m still standing by the correction call I made back in December.The timing has been slow and honestly a bit frustrating. But the actual chart structure hasn't changed at all.If anything, it’s just taking the long way around.The technicals are clear:- $S&P 500(.SPX)$ $iShares Russell 2000 ETF(IWM)$ $Dow Jones(.DJI)$ are in 5th wave overshoots.- These look like ending diagonals- $NASDAQ 100(NDX)$ still hasn't confirmed the move.This isn't a breakout; it's a higher-degree peak forming in slow motion. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited tra
$NDX $SPX $IWM $DJI Show Ending Diagonal Signals

SPX | ES Re-Sync Likely Before Wave 5 Completes

$S&P 500(.SPX)$ | Because $E-mini S&P 500 - main 2603(ESmain)$ has not yet crossed its ATH, price is likely to grind above that level to re-sync the two and complete Wave 5.Once that alignment is achieved, the market appears positioned for a major reversal, with CPI next Tuesday likely acting as the catalyst for Wave 1 down.The pivotal level remains SPX 6816. A daily close below would:- Invert the Daily FVG- Lose the 50-DMA- Break the multi-month trendline-> Triggering a sell signal toward 6720–6550. $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$<
SPX | ES Re-Sync Likely Before Wave 5 Completes

$SPX $ES Rally Complete Before CPI?

With $E-mini S&P 500 - main 2603(ESmain)$ printing a new all-time high as expected, $S&P 500(.SPX)$ + $ES are back in-sync.However, the new high re-forms the bearish ABC structure for Wave 5, strengthening the case that the larger impulse from the April low is terminating.With CPI next Tuesday, the timing lines up well for a catalyst-driven reversal once this structure completes. ES_F made a new high as projected yesterday ✅It's time.... For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.🎉Cash Boost Account Now
$SPX $ES Rally Complete Before CPI?

KLAC & LRCX: A Safer Way Into Semiconductors

The events of the last few days have made $KLA-Tencor(KLAC)$ and $Lam Research(LRCX)$ my second and third largest positions. It's my view that semiconductor manufacturing equipment remains ones of the least volatile ways to get exposure to the often highly cylical semiconductor industry.I had some concerns about Atoss, but once I understood the business more I realised that the risks aren’t as material as I first suspected. $Technology One, Ltd.(THNOF)$ $Cadence Design(CDNS)$ $Visa(V)$ $Comfort Systems USA(FIX)$
KLAC & LRCX: A Safer Way Into Semiconductors

Index Divergence Signals Potential Market Pullback

The indices continue to diverge.While $Dow Jones(.DJI)$ blasted to a new high, likely completing a final fifth-wave, $S&P 500(.SPX)$ rejected at resistance and $NASDAQ 100(NDX)$ was so weak it couldn’t break the prior day’s high.Watch Level: Short to 6720–6550 triggers on a daily close below SPX 6816 and/or below last week’s low. A daily close below 6816 would confirm the sell signal toward 6550 - a break of Friday’s low likely seals the deal.The larger implication: A loss of 6650 confirms the start of a major Wave 4 correction, with downside scope toward 5500.For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,00
Index Divergence Signals Potential Market Pullback

$SPX at Critical Support: 6816 Is the Line

Following bearish SMTs, $S&P 500(.SPX)$ is testing the key Daily FVG support at 6816.A daily close below 6816 would confirm the sell signal toward 6550 - a break of Friday’s low likely seals the deal.The larger implication: A loss of 6650 confirms the start of a major Wave 4 correction, with downside scope toward 5500. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2603(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2603(NQmain)$ $Dow Jones(.DJI)$
$SPX at Critical Support: 6816 Is the Line

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