$.SPX(.SPX)$ is slowly grinding higher, hinting that the 3rd wave under Wave C is nearly, if not already, complete.
A break below 6020 would be a strong signal that the 3rd wave has ended, paving the way for a 38.2-50% retracement, currently measuring to the 5977-5955 range.
If this plays out, the 4th wave is expected to be bought before the final surge to complete this 15-year rally.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
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