ABC Complete: $SPX and $ES Signal the Next Advance

TRIGGER TRADES

07-09 14:20

$S&P 500(.SPX)$ had a perfect reaction off Daily FVG support.

Today's low officially COMPLETES the E-wave of the W4 triangle.

That builds into a multi-week rally starting tomorrow under W5 — if today's reversal holds.

Dips bought against today's low.

$SPDR S&P 500 ETF Trust(SPY)$

$E-mini S&P 500 - main 2609(ESmain)$ extended the ABC down into the Daily FVG.

The ABC decline is confirmed — that's why today's low should hold.

Now a clean 5-wave advance has printed off it.

ABC down. 5-wave up.

That's the signature of a completed correction.

Caught by the unreleased ABC model and the W4/W5 model, together.

Elliott Wave 2.0.

$ES has now confirmed an ABC decline.

This supports this pullback as CORRECTIVE even if price trades below today’s low.

Targets on chart.

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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Today's low officially COMPLETES the E-wave of the W4 triangle. That builds into a multi-week rally starting tomorrow under W5 — if today's reversal holds. Dips bought against today's low. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2609(ESmain)$ extended the ABC down into the Daily FVG. The ABC decline is confirmed — that's why today's low should hold. Now a clean 5-wave advance has printed off it. ABC down. 5-wave up. That's the signature of a completed correction. Caught by the unreleased ABC model and the W4/W5 model, together. Elliott Wave 2.0. $ES has now confirmed an ABC decline. This supports this pullback as CORRECTIVE even if price trades below today’s low. Targets on chart.","highlighted":1,"essential":1,"paper":2,"likeSize":12,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/583873561493600","repostId":0,"isVote":1,"tweetType":1,"viewCount":126,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".SPX","SPY","ESmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":637,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/583873561493600"}