TRIGGER TRADES

Leader In Elliott Wave | Futures Trader

    • TRIGGER TRADESTRIGGER TRADES
      ·05-17 08:29

      Although ATHs were made, the SPX structure remains corrective

      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
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      Although ATHs were made, the SPX structure remains corrective
    • TRIGGER TRADESTRIGGER TRADES
      ·05-13

      Despite the additional rally, SPX holds a 3-wave

      Despite the additional rally, $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ holds a 3-wave, corrective structure that keeps the potential for another leg down for [W4] in tact.If so, price must break below 5125 - with sub:5150 being a warning sign of that.However, if price fades while remaining above 5125-5150, a new all time high would likely be produced for a fifth wave before potentially pulling back.ImageImagehttps://twitter.com/TriggerTrades/status/1789782589156303085
      1.17KComment
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      Despite the additional rally, SPX holds a 3-wave
    • TRIGGER TRADESTRIGGER TRADES
      ·05-08

      SPX extended the Wave B rally to the 110% ext of W | X and 78.6% retracement of Wave A

      $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ extended the Wave B rally to the 110% ext of W | X and 78.6% retracement of Wave A.Therefore, Wave B should have terminated at today's 5200 high.If so, we should fade to 5143-5128 to begin, but likely retrace 61.8-78.6% of Wave B at 5050-5000.Ultimately, if Wave B did complete today, [W4] has termination targets of 4920-4820.Confidence will be reduced above 5200 - barring a rapid drop following. ImageImagehttps://twitter.com/TriggerTrades/status/1787996024964792424
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      SPX extended the Wave B rally to the 110% ext of W | X and 78.6% retracement of Wave A
    • TRIGGER TRADESTRIGGER TRADES
      ·05-06

      SPX exceeded 5096, which lead to a new high above 5123 extending the B-Wave rally

      $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ exceeded 5096, which lead to a new high above 5123 extending the B-Wave rally.However, price is expected to reverse at 5155-5165 (5180 max) with the loss of 5080-90 confirming such.If that occurs, SPX should retrace 61.8-78.6% of the B-Wave rally for w1 of Wave C.The loss of 5100 without a higher high above 5139 would also favor completion of the B-Wave rally.ImageImageI flipped bullish over a year ago calling for all time highs https://x.com/TriggerTrades/status/1661175411332505601… All time highs reached, then I called for a higher degree correction on 04/02 https://x.com/TriggerTrades/status/1775312574420050006… I also called for a rally on 04/22 htt
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      SPX exceeded 5096, which lead to a new high above 5123 extending the B-Wave rally
    • TRIGGER TRADESTRIGGER TRADES
      ·05-04

      SPX exceeded 5096, which lead to a new high above 5123 extending the B-Wave rally

      $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ exceeded 5096, which lead to a new high above 5123 extending the B-Wave rally.However, price is expected to reverse at 5155-5165 (5180 max) with the loss of 5080-90 confirming such.If that occurs, SPX should retrace 61.8-78.6% of the B-Wave rally for w1 of Wave C.The loss of 5100 without a higher high above 5139 would also favor completion of the B-Wave rally.ImageImagehttps://twitter.com/TriggerTrades/status/1786546041426247743
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      SPX exceeded 5096, which lead to a new high above 5123 extending the B-Wave rally
    • TRIGGER TRADESTRIGGER TRADES
      ·05-03

      SPX should be progressing in w1 of Wave C under [W4] to decline to 5000-4975 in the short-term

      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
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      SPX should be progressing in w1 of Wave C under [W4] to decline to 5000-4975 in the short-term
    • TRIGGER TRADESTRIGGER TRADES
      ·05-01

      SPX declined sharply after forming the 3-wave move

      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
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      SPX declined sharply after forming the 3-wave move
    • TRIGGER TRADESTRIGGER TRADES
      ·04-27

      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
      195Comment
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      WARNING! SPX has now reached the 5110 target with a corrective
    • TRIGGER TRADESTRIGGER TRADES
      ·04-26

      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
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      Further rally for the B-Wave is expected as SPX likely terminated its short-term correction
    • TRIGGER TRADESTRIGGER TRADES
      ·04-24

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

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