$SPX prints fresh highs as bullish momentum stays intact

TRIGGER TRADES
05-28 07:36

Wrong call. No leg down.

$S&P 500(.SPX)$ printed new highs and invalidated the bearish SMT at ATH.

No bearish read here anymore.

Odds now favor a grind into the upper 61.8% extension at 7650.

New daily FVG = support.

A close below it (7465) and we're looking at a phony B-wave and a sharp reversal.

$SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2606(NQmain)$ $Dow Jones(.DJI)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$

$E-mini S&P 500 - main 2606(ESmain)$ indicator flagged an A-grade setup into W5.

Hit.

Flipped bearish into yesterday's low + Daily FVG.

Hit.

The framework is doing the work.

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