$Eversource(ES)$ 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.
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 🔥
https://twitter.com/TriggerTrades/status/1749968481158664447
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