TRIGGER TRADES
TRIGGER TRADES
Leader In Elliott Wave | Futures Trader
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avatarTRIGGER TRADES
2024-04-19

There may be a modest bounce to the SPX 5050-5080 range

There may be a modest bounce to the $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ 5050-5080 range before another leg down to 4985-4942.Once 4985-4942 is reached with a 5-wave price structure for the A-Wave, a B-Wave Rally would be expected.ImageWe were expecting price to remain below SPX 5080🔨to produce a sharp sell targeting 5007 🎯SPX topped at 5078 before a melt down to EXACTLY 5007 ✅ 🔥We then expected a rally to 5050 from that low, which also played out perfectly 🤯ImageImageImageImagehttps://twitter.com/TriggerTrades/status/1781125203872924053
There may be a modest bounce to the SPX 5050-5080 range
avatarTRIGGER TRADES
2024-06-28

As long as we remain above 5400, $SPX is set up for new highs

As long as we remain above 5400, $S&P 500(.SPX)$ is set up for new highsOnce above 5505, that should lead to 5525-5540–5580, but would be highly vulnerable to a higher degree pullback.The loss of 5411 should lead to 5430-5415 support to then extend to new highs. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2409(ESmain)$ $E-mini Nasdaq 100 - main 2409(NQmain)$ ImageWe sold both the highs today as price met resistance of A=C and Fair Value Gaps ❌ $E-mini S&P 500 - main 2409(ESmain)$ then produced declines from our resistance areas netting us 30 p
As long as we remain above 5400, $SPX is set up for new highs
avatarTRIGGER TRADES
2025-03-02

TSLA Outlook: Corrective Rally Before Major Downturn

$Tesla Motors(TSLA)$ has topped, as warned to members on 02/09, but it holds a 5-wave diagonal structure at Weekly FVG support suggesting a corrective rally before escalating lower.Lean is Tesla rallies from here to at least cross 325, with upside potential to 362-384. However, that zone should be the termination point to produce the next major wave down.Ultimately, expecting this upcoming rally being the last chance $TSLA holders have to exit before crashing to 138-100 over the next 1-3 years. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$
TSLA Outlook: Corrective Rally Before Major Downturn
avatarTRIGGER TRADES
2024-09-23

$SPX is expected to see its dip get bought immediately

$S&P 500(.SPX)$ is expected to see its dip get bought immediately or at 5660 to then produce a higher high.An immediate higher high may complete a fractal 5th to return to the range before continuing higher, but the later would favor direct upside following. Overall, I am expecting a melt up to the 5880-5935-6080 targets for the final leg up as long as we remain above 5565. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ(.IXIC)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $NASDAQ 100(NDX)$
$SPX is expected to see its dip get bought immediately
avatarTRIGGER TRADES
2024-12-01

$ES crossed 6053 as expected

$E-mini S&P 500 - main 2412(ESmain)$ crossed 6053 as expected, and now realigns with $.SPX(.SPX)$ with both being the in the modest 3rd wave under Wave C.Watch for a 4th wave pullback over the next few sessions to 5970-5950 to then be bought for the FINAL 5th of Wave C of [W5] of Wave 5 ultimately to 6080-6100. With new data, the top looks more likely to occur within the next 1-2 weeks (CPI Dec. 11?). Get ready ! $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $Invesco QQQ(QQQ)$ Image
$ES crossed 6053 as expected

NDX Bearish Divergence vs SPX & DJI

$NASDAQ 100(NDX)$ has failed to confirm new highs, forming bearish divergences versus both $Dow Jones(.DJI)$ (Dec 10) and $S&P 500(.SPX)$ (Dec 26).The index is now printing higher lows but lower highs, compressing into a bearish triangle.This setup suggests tech is coiling for a sharp downside resolution, with a measured move to 23,500–22,900, aligning with equality of the initial leg down and the 200-DMA.A daily close below 25,165 would confirm the sell signal.If that zone is reached, the probability strongly increases that NDX has already peaked. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlim
NDX Bearish Divergence vs SPX & DJI
avatarTRIGGER TRADES
2025-03-30

SPX - How deep will the decline go?

The next major wave down fro $S&P 500(.SPX)$ is starting to unfold – but just how deep will the decline go? Are we just going to hit 5400, or will we plunge all the way to 5120?I’m breaking it all down, diving into key indexes and stocks like $NVIDIA(NVDA)$ $VanEck Semiconductor ETF(SMH)$ $Apple(AAPL)$ $Dow Jones(.DJI)$ $iShares Russell 2000 ETF(IWM)$ $Microsoft(MSFT)$ to give you a clear picture of what's coming next. Don’t miss the next move! $SPDR S&am
SPX - How deep will the decline go?
avatarTRIGGER TRADES
2024-04-12

Confidence has increased the downside momentum will continue

$SPX continues to defend the 5265 high following CPI and formed a impulse down. The impulse down is a bearish continuation pattern suggesting further downside below 5138 - likely targeting 5090 w/ potential to extend lower. Overall, confidence has increased the downside momentum will continue lower escalating the [W4] decline.$SPY $ES_F $NQ_F $QQQ $NDQ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2406(ESmain)$ $Invesco QQQ Trust-ETF(QQQ)$ $Destiny Tech100 Inc(DXYZ)$ Image
Confidence has increased the downside momentum will continue
avatarTRIGGER TRADES
02-05 10:44

7000 Rejected. Trendline Broken. SPX Downtrend Confirmed

$S&P 500(.SPX)$ just broke below its 2/4 trendline from April. The 10-month rally is confirmed complete. Short-term target: 6500 This can happen in days, not weeks. Ceiling capped at the 7002 peak. Had extremely HIGH CONVICTION that the decline would continue today. It respected our pivot point (50%/MT) and crashed to our aggressive downside target nearly 100 POINTS peak to trough. As I wrote yesterday: SPX just rejected 7,000. The 2/4 trendline at 6,860 is the line in the sand. Break it, and this 10-month rally is officially over. $E-mini Nasdaq 100 - main 2603(NQmain)$ is flashing the same divergence we saw at the 2022 and 2025 tops. If history rhymes, we're looking at 20% downside from here.
7000 Rejected. Trendline Broken. SPX Downtrend Confirmed
avatarTRIGGER TRADES
2025-02-27

SPX was rejected at the resistance zone, forming a bearish structure

$S&P 500(.SPX)$ was rejected at the resistance zone between 5993 -6009, forming a bearish structure. This opens the door for a direct decline to the 5860-5890 area.However, a break above 5987 should lead to 6024-6043, which would be a high probability short zone.Primarily, I expect any rally to be sold, leading to another leg down. A daily close below 5903 would favor 5773 as the easy downside target. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 -
SPX was rejected at the resistance zone, forming a bearish structure

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