SPX should be further upside to 5240

TRIGGER TRADES
04-11

No change as SPX remains set up to begin the [W4] correction as long as it remains below the 5265.

There should be further upside to 5240, but that would expected to be sold before escalating the higher degree decline.

A break above 5265 would warrant caution and bring uncertainty with CPI tomorrow.

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We were expecting price to produce a rally from 5173-5168 support

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ bounced there then bursted 30-35 points higher from that support

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https://twitter.com/TriggerTrades/status/1777868599962583095

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