$SPX is 100% on track to complete the monumental rallies

TRIGGER TRADES
12-10

Despite the initial misstep in timing, $.SPX(.SPX)$ is still 100% on track to complete the monumental rallies from both the 2022 and 2009 lows, setting the stage for the powerful, multi-year bear market decline that we’ve all been anticipating.

What we need now is a final 5-wave climb from the 11/04 low to fully retrace the impulse and wrap up Wave C of the larger [W5] within the Wave 5 ending diagonal. We’re so close to the finish line, as this can occur within weeks!

[W5] is projected to top out between 6175-6250, with confluence at every turn—the 50% extension of [W1]+[W3], the 61.8% extension of [W3], and the upper boundary of converging trendlines all pointing to this crucial level.

A break below the [W2]/[W4] trendline will be the moment that confirms this outlook. Don’t be fooled by the timing confusion—it’s only a matter of time before we see this play out exactly as planned. The stage is set, and the direction is clear.

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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

  • KSR
    12-10
    KSR
    👍
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