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

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ rallied past the conservative targets, but should be near the reversal point for the multi-month decline.The multi-month decline is strongly favored if this leg up remains below 5287. The loss of 5215 is an early warning sign of that.However, if 5287 is exceeded, that would delay the higher degree correction as the next pullback would likely be a 4th wave to be bought for a multi-week rally first.ImageImageImageWe recognized a triangle pattern, so we expected further decline to 5132 support 📉We then longed that support expecting a break higher to 5225 📈Price surpassed expectations and blasted higher to 5260 🚀ImageImageImageImagehttps://twitter.com/Trigg

As WARNED, $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ declined sharply after forming the 3-wave move. Odds favor the B-Wave completing at the 5123 high & if we remain below 5105 - leading to the 4820-4770 [W4] targets.However, if price exceeds 5105, that is a warning sign we will trade to 5150-5160 to officially terminate the B-Wave.ImageImageAs you all know, we were expecting a sharp reversal from the highs following the 3-wave move📉From Monday's peak, we targeted the 5035-5014 range🎯SPX rapidly declined to that range at close for a 90 point move ✅ 🔥ImageImageImageImagehttps://twitter.com/TriggerTrades/status/1785464146810769796

Confidence has increased the $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ 5265 peak marks the top of the [W3] rallyIf SPX exceeds 5160, it should rally to 5205-5231 to then reverse sharply.Main lean is that the 5265 peak is not crossed to produce a multi-week correction to the 4916-4800 range.ImageImageWe were expecting a sharp reversal from Thursday’s high for both SPX and $NASDAQ(.IXIC)$ 📉Friday produced a powerful decline from both their respective highs with SPX fading 100 points and NQ 400 🔥ImageImageImageImagehttps://twitter.com/TriggerTrades/status/1779726356147744976

Now that the $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ 3rd wave 4960 target has been reached, the 4th wave pullback is imminent.The 4th wave has targets of 4890-4865 with the loss of 4940 being a strong warning sign of that.Once the 4th terminates, price should produce the final 5th wave rally before the multi-week pullback.ImageAnother EPIC session as we longed Friday's low expecting price to trade to 4960 📈 $E-mini S&P 500 - main 2403(ESmain)$ immediately blasted off 60 points off the lows reaching our target zone 🚀ImageImageImageImagehttps://twitter.com/TriggerTrades/status/1754323890367565924/photo/1

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ SPX should bounce to the 4733-4748 range, but that would expected to be sold.If so, the a-wave is likely extending to take price to 4625-4600 before the b-wave rally.Overall, looking for a ABC decline to the 4585-4530 range to finalize the correction.Image $Apple(AAPL)$ On 12/17, AAPL traced out 5-waves up at the 199.62 high 📝Members were then put on alert for a higher degree pullback to the 190-186 range 📉2 weeks later, AAPL declined to 180 🔥ImageImagehttps://twitter.com/TriggerTrades/status/1744162654057357604

It is strongly favored the B-Wave terminated at the 5123 high.Therefore, $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ should be progressing in w1 of Wave C under [W4] to decline to 5000-4975 in the short-term.There is downside potential for more, but I believe we still need to trace out w2 before the big w3 meltdown.A break above 5096 would reduce confidence -potentially suggesting further rally above 5123 to then terminate the B-Wave.ImageImageWild day as we expected price to sell immediately at open targeting a lower low 📉That produced a 50 point decline✅ but had to flip long after a bullish pattern aroseSPX then rallied for another 40 points to our 5070 target 🔥ImageImageImageImagehttps://twitt

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ should be nearing completion of the 4th wave, if not already complete.If SPX declines to 4910-4900, that is expected to be a strong buy for the 5th wave rally.The final 5th wave has rough targets of 5090-5140 to be followed by a multi-week pullback.ImageWe NAILED the top as we expected SPX to begin the fourth wave decline at yesterday's highs targeting 4938-4908 🎯Price got slaughtered today reaching those targets in ONE SESSION ‼️Everyone knows whats next 🚀ImageImagehttps://twitter.com/TriggerTrades/status/1757570763081633918

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ should continue seeing its dips get bought until it reaches the 5100-5150 termination zone.We could see a quick pop to 5050-5075, but a pullback returning to Friday's lows would be expecting following.If so, that would also expected to be bought ultimately leading to 5100-5150.ImageImageWe recognized a bullish ABC down pattern at Friday's opening lows triggering a long set upSPX and $E-mini S&P 500 - main 2403(ESmain)$ then bursted 50 points from the lows to orange box resistanceImageImageImageImagehttps://twitter.com/TriggerTrades/status/1759276793284981027

From the Wednesday high, we were expecting $S&P 500(.SPX)$ a sharp pullback to the low 4300 range. Image $S&P 500(.SPX)$ then declined 70 points sharply to those targets. ImageEither the $S&P 500(.SPX)$ w2 decline is complete, or there is a bit more downside to do so.If there is more downside, it should find support at 4254 before rallying w/ a break above 4311-4322 strongly boosting confidence in w2 completion. If that occurs, the next leg up, w3, should be begin with targets of 4330-4350+. Consider the loss of 4250 a warning sign the hard invalidation point of 4215 will be crossed.Image

Although ATHs were made, the $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2406(ESmain)$ structure remains corrective, which increases odds of [W4] being a flat correction.If so, SPX should have topped today, or will do so at 5350, to then decline to the 5000 range - maybe lower.However, there is potential for the next dip to be bought at 5240-5211 if we see a 4th wave pullback. That is unlikely before 5211.ImageImageSPX formed a triangle, which made us favor further upside to 5260-5280 📈Price then blasted 70+ points higher with minimal pullbacks to that upside target zone 🚀ImageImagehttps://twitter.com/TriggerTrades/status/1

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ should begin escalating its 4th wave decline as long as it remains below 4975.If so, SPX should target 4905, but ultimately 4887-4865 to terminate the buyable w4 pullback.If price exceeds 4975, it should fail at 4983-5000 to then begin the pullback.ImageWe picked the top at Friday's high expecting the 4th wave decline to begin 📉SPX followed through with a decline of 58 points from the high to the low 🙏We then expected a 20+ point rally off those lows, which played out perfectly ✅ImageImageImageImagehttps://twitter.com/TriggerTrades/status/1755033850491666715/photo/1

As adamantly warned, $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ has escalated the [W4] decline & still has downside potential left.SPX should continue getting sold until the 4983-4942 range for an A-Wave.A B-Wave rally would then be expected before the 4820 [W4] termination target is reached.ImageImageWe have been expecting the bounces being sold to escalate the higher degree [W4] decline 📉We were targeting 5085-5010 on the next wave down from the 2nd wave peak🎯SPX flushed 160+ points since ✅ entering that target range w/ potential for more 🌊ImageImagehttps://twitter.com/TriggerTrades/status/1780386329118798287

No change as $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ is close to completion of the rally, if not already complete.The loss of 5135 would increase odds in its completion with sub:5095 confirming such.However, while above 5135 price could still extend to 5200-5225 before the correction to 4800. $NASDAQ 100(NDX)$ $E-mini S&P 500 - main 2406(ESmain)$ ImageFrom Monday's lows, we expected a rally targeting at least SPX 5128 | ES 5193 🎯Price reached that level ✅, but we still expected further upside to SPX 5140-5152 | ES 5205-5217 charged by CPICPI then produced a strong move up today 🚀ImageImageImageImageht

No change as SPX remains set up to begin the [W4] correction as long as it remains below the 5265.There should be further upside to 5240, but that would expected to be sold before escalating the higher degree decline.A break above 5265 would warrant caution and bring uncertainty with CPI tomorrow.ImageWe were expecting price to produce a rally from 5173-5168 support $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ bounced there then bursted 30-35 points higher from that supportImageImagehttps://twitter.com/TriggerTrades/status/1777868599962583095

Further rally for the B-Wave is expected as $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ likely terminated its short-term correction at today's 4990 low.Therefore, price should begin the final corrective leg up targeting 5110-5130-5150.Loss of 4953 would favor the C-Wave already beginning, however, targeting that 4820 [W4] termination range.ImageImageFrom yesterday's high and close, we expected that price completed the a-wave of the B-Wave ✅We then targeted the 5040-5005 range for the decline🎯Price gapped down lower a bit lower than expected, which only benefited us 🔥ImageImagehttps://twitter.com/TriggerTrades/status/1783640547271364683