SPX - a higher degree correction is looming

Although there is risk with the 5-wave up structure from the 04/19 low, that a higher degree correction is looming, there has been no indication of such on the lower time frame yet.

The current $S&P 500(.SPX)$ pattern suggests this current dip being bought taking price to a new high while above 5446, but bulls can still form a bullish pattern in general it is remains above 5400

However, once in the 5540-5580 range, risk will increase that a higher degree pullback will occur.

Image

We were expecting the $E-mini S&P 500 - main 2409(ESmain)$ dip to be bought yesterday targeting the 5485-5495 range with support at 5525-5530.

$E-mini S&P 500 - main 2409(ESmain)$ then bounced sharply at 5525 before rallying to the 5485-5495 targets exactly 🔥

Image

Image

https://x.com/TriggerTrades/status/1805759832705876419

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AuntieAaA
06-27
AuntieAaA
GOOD

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a higher degree correction is looming","html":"<html><head></head><body><p>Although there is risk with the 5-wave up structure from the 04/19 low, that a higher degree correction is looming, there has been no indication of such on the lower time frame yet.</p><p>The current <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> pattern suggests this current dip being bought taking price to a new high while above  5446, but bulls can still form a bullish pattern in general it is remains above 5400 </p><p>However, once in the 5540-5580 range, risk will increase that a higher degree pullback will occur.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/390876074dc9a98bba197c37ed432364\" tg-width=\"680\" tg-height=\"365\"><span>Image</span></p><p>We were expecting the  <a data-mention-id=\"ESmain\" class=\"teditor-mention\" data-mention-name=\"E-mini S&amp;P 500 - main 2409\" href=\"https://ttm.financial/FUT/ESmain\">$E-mini S&amp;P 500 - main 2409(ESmain)$</a>  dip to be bought yesterday targeting the 5485-5495 range with support at 5525-5530.</p><p> <a data-mention-id=\"ESmain\" class=\"teditor-mention\" data-mention-name=\"E-mini S&amp;P 500 - main 2409\" href=\"https://ttm.financial/FUT/ESmain\">$E-mini S&amp;P 500 - main 2409(ESmain)$</a>  then bounced sharply at 5525 before rallying to the 5485-5495 targets exactly 🔥</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/bdace2ac779e0fee9728e0ca595f2ede\" tg-width=\"3834\" tg-height=\"2066\"><span>Image</span></p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/7e6e26f3d0b8fe89d274d955168b9392\" tg-width=\"3834\" tg-height=\"2056\"><span>Image</span></p><p>https://x.com/TriggerTrades/status/1805759832705876419</p></body></html>","htmlText":"<html><head></head><body><p>Although there is risk with the 5-wave up structure from the 04/19 low, that a higher degree correction is looming, there has been no indication of such on the lower time frame yet.</p><p>The current <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> pattern suggests this current dip being bought taking price to a new high while above  5446, but bulls can still form a bullish pattern in general it is remains above 5400 </p><p>However, once in the 5540-5580 range, risk will increase that a higher degree pullback will occur.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/390876074dc9a98bba197c37ed432364\" tg-width=\"680\" tg-height=\"365\"><span>Image</span></p><p>We were expecting the  <a data-mention-id=\"ESmain\" class=\"teditor-mention\" data-mention-name=\"E-mini S&amp;P 500 - main 2409\" href=\"https://ttm.financial/FUT/ESmain\">$E-mini S&amp;P 500 - main 2409(ESmain)$</a>  dip to be bought yesterday targeting the 5485-5495 range with support at 5525-5530.</p><p> <a data-mention-id=\"ESmain\" class=\"teditor-mention\" data-mention-name=\"E-mini S&amp;P 500 - main 2409\" href=\"https://ttm.financial/FUT/ESmain\">$E-mini S&amp;P 500 - main 2409(ESmain)$</a>  then bounced sharply at 5525 before rallying to the 5485-5495 targets exactly 🔥</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/bdace2ac779e0fee9728e0ca595f2ede\" tg-width=\"3834\" tg-height=\"2066\"><span>Image</span></p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/7e6e26f3d0b8fe89d274d955168b9392\" tg-width=\"3834\" tg-height=\"2056\"><span>Image</span></p><p>https://x.com/TriggerTrades/status/1805759832705876419</p></body></html>","text":"Although there is risk with the 5-wave up structure from the 04/19 low, that a higher degree correction is looming, there has been no indication of such on the lower time frame yet. The current $S&P 500(.SPX)$ pattern suggests this current dip being bought taking price to a new high while above 5446, but bulls can still form a bullish pattern in general it is remains above 5400 However, once in the 5540-5580 range, risk will increase that a higher degree pullback will occur. Image We were expecting the $E-mini S&P 500 - main 2409(ESmain)$ dip to be bought yesterday targeting the 5485-5495 range with support at 5525-5530. $E-mini S&P 500 - main 2409(ESmain)$ then bounced sharply at 5525 before rallying to the 5485-5495 targets exactly 🔥 Image Image https://x.com/TriggerTrades/status/1805759832705876419","highlighted":1,"essential":1,"paper":2,"likeSize":13,"commentSize":1,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/321169291141176","repostId":0,"isVote":1,"tweetType":1,"viewCount":276,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".SPX","ESmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":684,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":321254349041784,"gmtCreate":1719461756447,"gmtModify":1719461759843,"authorId":3583049143664216,"author":{"id":3583049143664216,"authorId":3583049143664216,"name":"AuntieAaA","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321169291141176,"type":1,"supId":0,"prevId":0,"content":"GOOD","text":"GOOD","html":"GOOD","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/321169291141176"}