The $.SPX(.SPX)$ 4th wave triangle is on the cusp of completion — if it's not complete already.
If so, the last leg of the 15-year rally is expected to begin imminently to ultimately target 6150-6200 - potentially charged by FOMC Wednesday.
However, once the 5th wave reaches its peak, expect the tides to shift dramatically as the bear market correction takes hold.
If the triangle fails, 6030-6003 is secondary support for the 4th wave.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
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