$SPX Is One Close Away From a Buy Signal

TRIGGER TRADES
07-24

$S&P 500(.SPX)$ invalidated the triangle.

Then EXPANDED it.

The flush traced a bullish ABC down and respected Daily FVG support.

Bullish SMT with $NASDAQ 100(NDX)$ at last week's low as confluence.

Chop into FOMC, then W5 finally unleashes.

Bulls still get the edge.

Lose the support on a daily close and there's nothing left to bounce from though.

$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2609(ESmain)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2609(NQmain)$ $Dow Jones(.DJI)$

I Said a Few Days Ago：

$SPX produced the bounce bulls needed.

Now retesting the bearish Daily FVG resistance at 7527.

Daily close above it → BUY SIGNAL → new all-time highs.

Triangle low still holds.

Lean: we invert this resistance tomorrow.

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