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

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

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ 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

$S&P 500(.SPX)$ either terminated its 2nd wave at today's 5681 low or will see a bit more downside to 5560-5530 first. A break above 5730 would increase odds the 2nd wave is complete favoring a multi-week grind to the 5880-5935-6080 final targetsThe loss of 5630 is now a warning the invalidation point of 5585 will be crossed. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ ImageImageMembers were warned todays opening price would be sold targeting 5740-5715 📉 $E-mini S&P 500 - main 2412(ESmain)$

The $S&P 500(.SPX)$ fourth wave COMPLETED at close or will do so quickly tomorrow.A break above 5586 would boost confidence in such that would favor a rapid rally for the fifth targeting 5670-5690 w/ upside to 5750.Further downside may lead to 5532 support to then terminate the fourth wave, however. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2409(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2409(NQmain)$ ImageWe expected a burst higher yesterday to take

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ 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