TRIGGER TRADES
TRIGGER TRADES
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WARNING! SPX has now reached the 5110 target with a corrective

WARNING! $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ has now reached the 5110 target with a corrective ABC up structure to validate completion of the B-Wave.If price trades below 5050, that would confirm completion of B-Wave rally.If so, that should lead to 5015 in the short term, but ultimately 4820-4800 for [W4]ImageHere are my previous predictions:Further rally for the B-Wave is expected as SPX 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.ImageImagehttps://twitter.com/TriggerTrades/status
WARNING! SPX has now reached the 5110 target with a corrective

Further rally for the B-Wave is expected as SPX likely terminated its short-term correction

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
Further rally for the B-Wave is expected as SPX likely terminated its short-term correction

SPX rallied strongly after terminating the A-Wave reaching the first upside target of 5070

As projected, $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ rallied strongly after terminating the A-Wave reaching the first upside target of 5070.However, further rally is likely leading to 5110-5150 overall for the B-Wave.Watching for a 3-wave price structure leading to that 5110-5150 zone with 5040-5020-5005 acting as support.ImageImageWe expected the A-Wave to terminate at Friday's cash low to produce a strong bounce WITH CONVICTION ‼️We targeted 5070 in the short-term and SPX reached that today already ! 🚀 🎯Nobody hotter 🔥ImageImageImageImagehttps://twitter.com/TriggerTrades/status/1782939154117971991
SPX rallied strongly after terminating the A-Wave reaching the first upside target of 5070

SPX has declined to the 4983-4942 range as expected

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ has declined to the 4983-4942 range as expected, which should terminate the A-Wave.Therefore, a B-Wave rally is expected targeting 5070-5100. Confidence in that is boosted above 4995.That B-Wave would expected to be sold until the 4820 target is metImageImagehttps://twitter.com/TriggerTrades/status/1782380067638669588
SPX has declined to the 4983-4942 range as expected

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

SPX should continue getting sold until the 4983-4942 range for an A-Wave

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
SPX should continue getting sold until the 4983-4942 range for an A-Wave

Confidence has increased the SPX 5265 peak marks the top of the [W3] rally

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
Confidence has increased the SPX 5265 peak marks the top of the [W3] rally

SPX continues to defend the 5265 high following CPI and formed a impulse down

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ 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.ImageFollowing the CPI decline, we expected the next leg up for SPX to be sold at 5178 targeting 5137, which played out exactly 🔥We also expected $NASDAQ 100(NDX)$ to produce a rally today targeting the 110% ext. of the first up 🎯NDX blasted higher to that target 🚀ImageImageImageImagehttps://twitt
SPX continues to defend the 5265 high following CPI and formed a impulse down

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

SPX should be further upside to 5240

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
SPX should be further upside to 5240

A break above 5265 would warrant caution

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ remains set up to begin the [W4] correction as long as it remains below the 5265 peak.There could be further upside to 5240, but that would expected to be sold with CPI escalating the higher degree decline.A break above 5265 would warrant caution.ImageWarning was sent that a bearish reversal was imminent and decline should solidify the higher degree [W4] correction has begun.SPX should now remain below the 5265 peak to see its bounces get sold over multiple weeks until 4820 to terminate [W4].Imagehttps://twitter.com/TriggerTrades/status/1777109036963336300
A break above 5265 would warrant caution

SPX should now remain below the 5265 peak to see its bounces get sold over multiple weeks

Warning was sent that a bearish reversal was imminent and today's decline should solidify the higher degree [W4] correction has begun. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ should now remain below the 5265 peak to see its bounces get sold over multiple weeks until 4820 to terminate [W4].ImageCrazy day as we expected a rally to start today's session to 5242 & price immediately opened up at 5255 ✅We then expected a decline from the highs with the loss of 5226 leading to 5160-5135📝That occurred & those targets were reached in the session🔥ImageImageImageImagehttps://twitter.com/TriggerTrades/status/1776037145368559634
SPX should now remain below the 5265 peak to see its bounces get sold over multiple weeks

SPX and NDX declined below their trendlines

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ and $NASDAQ 100(NDX)$ declined below their trendlines, which is a strong warning sign their respective [W3] and [W5] rallies are COMPLETE. Therefore, we should be transitioning to the multi-month correction taking SPX to 4820 & NDX to 17000.It is still early so would like to see fractals to support, but currently expecting SPX to remain below 5265 and NDX 18465.ImageImageSPX gapped down into support, which favored a relief bounce 📈We targeted the 5203-5208 range for the bounce, and price closed in that target range ✅Imagehttps://twitter.com/TriggerTrades/status/1775312574420050006
SPX and NDX declined below their trendlines

NDX is set up for another push higher to the 18915-19000 range

$NASDAQ 100(NDX)$ is set up for another push higher to the 18915-19000 range that has confluence of the 90% extension of [W1] + [W3]. That is expected to terminate the extended fifth, [W5], rally before reversing sharply to the downside for the higher degree correction.The higher degree correction should then target 17000-16280, which holds the previous all time highs + fractal 2nd wave low that is a very common characteristic following fifth wave extensions.Imagehttps://twitter.com/TriggerTrades/status/1774587538528776484
NDX is set up for another push higher to the 18915-19000 range

With the slight break of 5262, the higher degree correction is likely delayed

With the slight break of 5262, the higher degree correction is likely delayed, but is still expected to occur within weeks. It is now favored that $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ rallies to the 5335-5400 range to terminate [W3] before the sharp, multi-month decline to 4800 for [W4].ImageImageIt remains strongly favored that SPX has begun the higher degree correction. As long as SPX continues to remain below 5261, it should start to escalate the decline. It is most likely we continue to stay under 5261 until roughly 4915-4820 is reached. Imagehttps://twitter.com/TriggerTrades/status/1773500321202938262
With the slight break of 5262, the higher degree correction is likely delayed

Is SPX overall 4 month rally complete?

As long as $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ remains below 5287, but ideally 5261, it is strongly favored that the overall 4 month rally is COMPLETE.Therefore, the bounces are expected to be sold for the next few weeks likely until price reaches the 4820 area.If price exceeds 5287, the multi-month correction is delayed, however. ImageSPX 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 wa
Is SPX overall 4 month rally complete?

SPX should be near the reversal point for the multi-month decline

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ 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
SPX should be near the reversal point for the multi-month decline

SPX should be a final pop away from beginning the higher degree correction

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ should be a final pop away from beginning the higher degree correction.The final pop is expected target 5210-5225, so price will be vulnerable to a reversal there.The loss of 5131 is a warning sign w/ sub:5090 favoring the multi-month pullback starting.ImageImageWe recognized a triangle pattern, so we expected further decline to 5140-5132 support 📉Price traded directly lower to there from yesterday's highs ✅We then longed today's opening low at that support 📈Price rallied 40-50 points since 🚀ImageImageImagehttps://twitter.com/TriggerTrades/status/1770238929440313649
SPX should be a final pop away from beginning the higher degree correction

No change as $SPX is close to completion of the rally

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 is close to completion of the rally

SPX is nearing completion of the 3.5 month rally

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ is nearing completion of the 3.5 month rally, if not already complete.If it produces another leg up to SPX 5200-5250, that is expected to terminate the overall rally leading to the multi-week correction.However, if price declines directly lower sub:5075, the correction has already begun to 4800. $Invesco QQQ Trust-ETF(QQQ)$ $E-mini S&P 500 - main 2406(ESmain)$ $NASDAQ 100(NDX)$ ImageSPX opened higher then extended to 5190 🔥We then expected a pullback down to 5148 from that high 📉Price immediately dropped to that level ri
SPX is nearing completion of the 3.5 month rally

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