$SPX Second Wave and Potential Targets

TRIGGER TRADES
10-03

$S&P 500(.SPX)$ either terminated its 2nd wave at today's 5681 low or will see a bit more downside to 5560-5530 first.

A break above 5730 would increase odds the 2nd wave is complete favoring a multi-week grind to the 5880-5935-6080 final targets

The loss of 5630 is now a warning the invalidation point of 5585 will be crossed.

$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $E-mini Nasdaq 100 - main 2412(NQmain)$

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Members were warned todays opening price would be sold targeting 5740-5715 📉

$E-mini S&P 500 - main 2412(ESmain)$ declined immediately to those targets ✅

We then looked for longs targeting the 1HR FVG at 5577 🎯

$E-mini S&P 500 - main 2412(ESmain)$ held the low then reached that 30 point upside target ✅

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https://twitter.com/TriggerTrades/status/1841268277802066203

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Comments

  • KSR
    10-03
    KSR
    👍
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