$.SPX(.SPX)$ is set up for a SHARP 3rd wave flush.
Price completed its bearish WXY model for its 2nd wave at close or will do so at 5930-5950 - with the loss of 5890 increasing odds.
If so, the 3rd wave should target at least 5820 with downside to 5775-5700-5630 (Weekly FVG)
Above 5960 would shake confidence, but the overall outlook remains firmly lower against 6017.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
Image
Image
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments