SPX needs to trade sub:4790, otherwise, bulls can continue to extend to 4975-5000

$Eversource(ES)$ produced a new high post-market, which may unfortunately invalidate the fractal b-wave rally termination pattern.

Therefore, odds may shift to $S&P 500(.SPX)$ trading to the 4975-5000 area over the next 3-4 weeks before the sharp decline.

In order to reverse immediately, SPX needs to trade sub:4790, otherwise, bulls can continue to extend to 4975-5000.

Watch for a pullback to the 4830s' range as if thats bought, the extended rally would be strongly favored.

Image

We recognized $E-mini Russell 2000 - main 2403(RTYmain)$ terminating its rally at the 2017 high 🎯

Alerts were sent suggesting a downturn as long as that high was not crossed ❌

RTY proceeded to decline nearly 2% from the highs 🔥

Image

https://twitter.com/TriggerTrades/status/1749968481158664447

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Comments

Hilliton324
01-26
Hilliton324
I strongly disagree with this prediction, as it goes against my belief in value investing.
zookz
01-26
zookz
No way, bulls need to go higher! #Bullish
YueShan
01-25
YueShan
Good⭐️⭐️⭐️

Leave a comment

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Therefore, odds may shift to <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> trading to the 4975-5000 area over the next 3-4 weeks before the sharp decline.In order to reverse immediately, SPX needs to trade sub:4790, otherwise, bulls can continue to extend to 4975-5000.Watch for a pullback to the 4830s' range as if thats bought, the extended rally would be strongly favored.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/ed31f5ef36c74b3357984b60a487a930\" tg-width=\"3838\" tg-height=\"2064\">Image<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/91028503edab06ddd739982fc67a27ca\" tg-width=\"3836\" tg-height=\"2064\">ImageWe recognized <a data-mention-id=\"RTYmain\" class=\"teditor-mention\" data-mention-name=\"E-mini Russell 2000 - main 2403\" href=\"https://ttm.financial/FUT/RTYmain\">$E-mini Russell 2000 - main 2403(RTYmain)$</a> terminating its rally at the 2017 high 🎯Alerts were sent suggesting a downturn as long as that high was not crossed ❌RTY proceeded to decline nearly 2% from the highs 🔥<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/b84560598ac17668810cddc42510ef3c\" tg-width=\"680\" tg-height=\"367\">Image<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/309e8cf5fec21337f5a014859975456f\" tg-width=\"680\" tg-height=\"367\">Imagehttps://twitter.com/TriggerTrades/status/1749968481158664447</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"ES\" class=\"teditor-mention\" data-mention-name=\"Eversource\" href=\"https://ttm.financial/S/ES\">$Eversource(ES)$</a> produced a new high post-market, which may unfortunately invalidate the fractal b-wave rally termination pattern. Therefore, odds may shift to <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> trading to the 4975-5000 area over the next 3-4 weeks before the sharp decline.In order to reverse immediately, SPX needs to trade sub:4790, otherwise, bulls can continue to extend to 4975-5000.Watch for a pullback to the 4830s' range as if thats bought, the extended rally would be strongly favored.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/ed31f5ef36c74b3357984b60a487a930\" tg-width=\"3838\" tg-height=\"2064\">Image<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/91028503edab06ddd739982fc67a27ca\" tg-width=\"3836\" tg-height=\"2064\">ImageWe recognized <a data-mention-id=\"RTYmain\" class=\"teditor-mention\" data-mention-name=\"E-mini Russell 2000 - main 2403\" href=\"https://ttm.financial/FUT/RTYmain\">$E-mini Russell 2000 - main 2403(RTYmain)$</a> terminating its rally at the 2017 high 🎯Alerts were sent suggesting a downturn as long as that high was not crossed ❌RTY proceeded to decline nearly 2% from the highs 🔥<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/b84560598ac17668810cddc42510ef3c\" tg-width=\"680\" tg-height=\"367\">Image<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/309e8cf5fec21337f5a014859975456f\" tg-width=\"680\" tg-height=\"367\">Imagehttps://twitter.com/TriggerTrades/status/1749968481158664447</body></html>","text":"$Eversource(ES)$ produced a new high post-market, which may unfortunately invalidate the fractal b-wave rally termination pattern. Therefore, odds may shift to $S&P 500(.SPX)$ trading to the 4975-5000 area over the next 3-4 weeks before the sharp decline. In order to reverse immediately, SPX needs to trade sub:4790, otherwise, bulls can continue to extend to 4975-5000. Watch for a pullback to the 4830s' range as if thats bought, the extended rally would be strongly favored. 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