$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ exceeded 5096, which lead to a new high above 5123 extending the B-Wave rally.
However, price is expected to reverse at 5155-5165 (5180 max) with the loss of 5080-90 confirming such.
If that occurs, SPX should retrace 61.8-78.6% of the B-Wave rally for w1 of Wave C.
The loss of 5100 without a higher high above 5139 would also favor completion of the B-Wave rally.
I flipped bullish over a year ago calling for all time highs https://x.com/TriggerTrades/status/1661175411332505601… All time highs reached, then I called for a higher degree correction on 04/02 https://x.com/TriggerTrades/status/1775312574420050006… I also called for a rally on 04/22 https://x.com/TriggerTrades/status/1782380067638669588… Where is the mistake?
https://twitter.com/TriggerTrades/status/1786546041426247743
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