New highs in SPX and NDX, but cross-index divergence suggests caution

TRIGGER TRADES
08:56

$S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ just made new all-time highs.

Time to buy?

Not yet.

$Dow Jones(.DJI)$ is lagging — failing to confirm with a new ATH.

That's a bearish SMT divergence.

DJI is also at Weekly FVG resistance.

Watch for a pullback here.

Our lean: SPX all-time highs were the path of least resistance.

We got the pullback.

Called the support zone.

Price pushed to all-time highs.

That's the process.

Called the top. ✓

Called the bottom. ✓

Thought the bounce would fail.

It didn't. I'll own it.

New ATHs are coming first.

7400–7650.

Then the 20% correction.

6200–5700.

All before 2027.

Not wrong on the destination.

Early on the path.

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.

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