$SPX Path 1 Has the Edge. Is 8,400 the Next Target?

TRIGGER TRADES

11-08

The S&P 500 is now trading in the critical 7,300–7,400 zone, with an ABC corrective move unfolding.

This could be the bottom of Wave 4 (W4).

Why does this zone matter? Three major technical signals are converging here:

🔹 Weekly Fair Value Gap (FVG)

🔹 200-day Moving Average

🔹 Bullish SMT divergence against $NASDAQ 100(NDX)$

🎯 THE BULLISH SCENARIO

If Path 1 plays out, this is where the market needs to find support.

Hold this zone, and Wave 5 (W5) could take the $S&P 500(.SPX)$ toward:

🚀 8,000–8,400

⚠️ THE BEARISH ALTERNATIVE

Watch 7,314 closely.

A decisive break below this level would invalidate the current bullish setup and put Path 2 in control, opening the door to a deeper correction before the next major move higher.

💡 MY TAKEAWAY

7,300–7,400 is the zone to watch.

Hold it, and the bullish roadmap stays alive.

Lose 7,314, and the market may need more time to find a bottom.

Let price confirm the next move. Don't guess. 📈

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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Is 8,400 the Next Target?","html":"<html><head></head><body>The S&amp;P 500 is now trading in the critical 7,300–7,400 zone, with an ABC corrective move unfolding.\nThis could be the bottom of Wave 4 (W4).\nWhy does this zone matter? Three major technical signals are converging here:\n🔹 Weekly Fair Value Gap (FVG)\n🔹 200-day Moving Average\n🔹 Bullish SMT divergence against <a data-mention-id=\"NDX\" class=\"teditor-mention\" data-mention-name=\"NASDAQ 100\" href=\"https://ttm.financial/S/NDX\">$NASDAQ 100(NDX)$</a>\n🎯 THE BULLISH SCENARIO\nIf Path 1 plays out, this is where the market needs to find support.\nHold this zone, and Wave 5 (W5) could take the <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> toward:\n🚀 8,000–8,400\n⚠️ THE BEARISH ALTERNATIVE\nWatch 7,314 closely.\nA decisive break below this level would invalidate the current bullish setup and put Path 2 in control, opening the door to a deeper correction before the next major move higher.\n💡 MY TAKEAWAY\n7,300–7,400 is the zone to watch.\nHold it, and the bullish roadmap stays alive.\nLose 7,314, and the market may need more time to find a bottom.\nLet price confirm the next move. Don't guess. 📈\n<img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/d59f8a5263caec812d013476d3952160\" tg-width=\"3618\" tg-height=\"1774\"> </body></html>","htmlText":"<html><head></head><body>The S&amp;P 500 is now trading in the critical 7,300–7,400 zone, with an ABC corrective move unfolding.\nThis could be the bottom of Wave 4 (W4).\nWhy does this zone matter? Three major technical signals are converging here:\n🔹 Weekly Fair Value Gap (FVG)\n🔹 200-day Moving Average\n🔹 Bullish SMT divergence against <a data-mention-id=\"NDX\" class=\"teditor-mention\" data-mention-name=\"NASDAQ 100\" href=\"https://ttm.financial/S/NDX\">$NASDAQ 100(NDX)$</a>\n🎯 THE BULLISH SCENARIO\nIf Path 1 plays out, this is where the market needs to find support.\nHold this zone, and Wave 5 (W5) could take the <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> toward:\n🚀 8,000–8,400\n⚠️ THE BEARISH ALTERNATIVE\nWatch 7,314 closely.\nA decisive break below this level would invalidate the current bullish setup and put Path 2 in control, opening the door to a deeper correction before the next major move higher.\n💡 MY TAKEAWAY\n7,300–7,400 is the zone to watch.\nHold it, and the bullish roadmap stays alive.\nLose 7,314, and the market may need more time to find a bottom.\nLet price confirm the next move. Don't guess. 📈\n<img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/d59f8a5263caec812d013476d3952160\" tg-width=\"3618\" tg-height=\"1774\"> </body></html>","text":"The S&P 500 is now trading in the critical 7,300–7,400 zone, with an ABC corrective move unfolding. This could be the bottom of Wave 4 (W4). Why does this zone matter? Three major technical signals are converging here: 🔹 Weekly Fair Value Gap (FVG) 🔹 200-day Moving Average 🔹 Bullish SMT divergence against $NASDAQ 100(NDX)$ 🎯 THE BULLISH SCENARIO If Path 1 plays out, this is where the market needs to find support. Hold this zone, and Wave 5 (W5) could take the $S&P 500(.SPX)$ toward: 🚀 8,000–8,400 ⚠️ THE BEARISH ALTERNATIVE Watch 7,314 closely. A decisive break below this level would invalidate the current bullish setup and put Path 2 in control, opening the door to a deeper correction before the next major move higher. 💡 MY TAKEAWAY 7,300–7,400 is the zone to watch. Hold it, and the bullish roadmap stays alive. Lose 7,314, and the market may need more time to find a bottom. Let price confirm the next move. Don't guess. 📈","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/627048443973888","repostId":0,"isVote":1,"tweetType":1,"viewCount":442,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NDX",".SPX"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":777,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/627048443973888"}