The $ES Pullback Is Nearing Its Buy Zone While $QQQ Weakness Pays Off

TRIGGER TRADES

11-14 09:36

📈 $E-mini S&P 500 - main 2612(ESmain)$ : Bullish 5 Waves Up, ABC Pullback

Yesterday, I called for 5 waves up followed by an ABC correction.

Today, the C wave swept the Wave 4 low and respected the H4 FVG.

The ABC correction isn't confirmed yet, but my bias remains the same: I want to BUY this dip.

Are you buying here, or waiting for the Daily FVG?

📉 $Invesco QQQ(QQQ)$ : The Short Call Played Out

$SPDR S&P 500 ETF Trust(SPY)$ made a higher high for Wave 5, while $QQQ made a lower high for its B wave.

That bearish SMT signaled relative weakness in Nasdaq compared with the $S&P 500(.SPX)$ .

We favored QQQ shorts, targeting a C-wave decline to at least the previous day's low.

The setup played out. Members closed their positions this morning with BIG GAINS shorting both the S&P 500 and Nasdaq.

Two different market structures. Two different opportunities.

The key is knowing which side of the market is showing strength — and which one is showing weakness.

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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Members closed their positions this morning with BIG GAINS shorting both the S&amp;P 500 and Nasdaq.\nTwo different market structures. Two different opportunities.\nThe key is knowing which side of the market is showing strength — and which one is showing weakness.\n<img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/60083e4f1e2058373396c5c1a96eb919\" tg-width=\"3670\" tg-height=\"3736\"> </body></html>","htmlText":"<html><head></head><body>📈 <a data-mention-id=\"ESmain\" class=\"teditor-mention\" data-mention-name=\"E-mini S&amp;P 500 - main 2612\" href=\"https://ttm.financial/FUT/ESmain\">$E-mini S&amp;P 500 - main 2612(ESmain)$</a> : Bullish 5 Waves Up, ABC Pullback\nYesterday, I called for 5 waves up followed by an ABC correction.\nToday, the C wave swept the Wave 4 low and respected the H4 FVG.\nThe ABC correction isn't confirmed yet, but my bias remains the same: I want to BUY this dip.\nAre you buying here, or waiting for the Daily FVG?\n<img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/35577d3f472758afae43d819768c5184\" tg-width=\"3618\" tg-height=\"1774\"> \n📉 <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a> : The Short Call Played Out\n<a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> made a higher high for Wave 5, while $QQQ made a lower high for its B wave.\nThat bearish SMT signaled relative weakness in Nasdaq compared with the <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> .\nWe favored QQQ shorts, targeting a C-wave decline to at least the previous day's low.\nThe setup played out. Members closed their positions this morning with BIG GAINS shorting both the S&amp;P 500 and Nasdaq.\nTwo different market structures. Two different opportunities.\nThe key is knowing which side of the market is showing strength — and which one is showing weakness.\n<img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/60083e4f1e2058373396c5c1a96eb919\" tg-width=\"3670\" tg-height=\"3736\"> </body></html>","text":"📈 $E-mini S&P 500 - main 2612(ESmain)$ : Bullish 5 Waves Up, ABC Pullback Yesterday, I called for 5 waves up followed by an ABC correction. Today, the C wave swept the Wave 4 low and respected the H4 FVG. The ABC correction isn't confirmed yet, but my bias remains the same: I want to BUY this dip. Are you buying here, or waiting for the Daily FVG? 📉 $Invesco QQQ(QQQ)$ : The Short Call Played Out $SPDR S&P 500 ETF Trust(SPY)$ made a higher high for Wave 5, while $QQQ made a lower high for its B wave. That bearish SMT signaled relative weakness in Nasdaq compared with the $S&P 500(.SPX)$ . We favored QQQ shorts, targeting a C-wave decline to at least the previous day's low. The setup played out. Members closed their positions this morning with BIG GAINS shorting both the S&P 500 and Nasdaq. Two different market structures. Two different opportunities. The key is knowing which side of the market is showing strength — and which one is showing weakness.","highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/629061446062312","repostId":0,"isVote":1,"tweetType":1,"viewCount":188,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["QQQ",".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":false,"length":791,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/629061446062312"}