To The Moon

$.SPX(.SPX)$ rallied strongly from the support zone, but produced a 5-wave decline from the high.Therefore, this rally is expected to be sold for another modest leg down to around 5800 to complete Wave B with resistance at 6000-6040, if it is not already complete.As long as price does not tick below the [W2]/[W4] trendline, one final high for Wave C is expected. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2503(NQmain)$ ImageImage

This $.SPX(.SPX)$ decline looks corrective from the high, and I can only count 5-waves up from the August low to mark the completion of the newly labeled Wave A under [W5]Therefore, leaning this decline gets bought above the [W2]/[W4] trendine, 5730, with support at 5867-5805 for Wave B.We could see price form a zigzag or even a triangle for Wave B, but a new high is expected to be made in 1-2 months.However, a cross below the [W2]/[W4] trendline would invalidate this and confirm that the top is already in. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $NASDAQ 100(NDX)$

With today’s decline, a strong case can be made that the $.SPX(.SPX)$ top is in.However, a cross of the [W2]/[W4] trendline, currently at 5730, is needed to confirm this with maximum confidence.Given the failure to make the fractal high to complete the wave structure, there’s concern that the [W5] rally may still be progressing.I’m open to the possibility of one final high if we remain above the [W2]/[W4] trendline, with potential support at 5867-5800.That said, a failure to quickly recover would increase the likelihood that today’s decline isn’t corrective. While I lean towards $iShares Russell 2000 ETF(IWM)$ and $.DJI(.DJI)$ topping, I’m not certain about SPX an

The $.SPX(.SPX)$ 4th wave triangle is on the cusp of completion — if it's not complete already.If so, the last leg of the 15-year rally is expected to begin imminently to ultimately target 6150-6200 - potentially charged by FOMC Wednesday.However, once the 5th wave reaches its peak, expect the tides to shift dramatically as the bear market correction takes hold.If the triangle fails, 6030-6003 is secondary support for the 4th wave.$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$

The next and final trend leg is up for the 5th wave, but $.SPX(.SPX)$ may either form a triangle ▷ or see one last quick dip to 6020-6003 to complete the 4th wave first.Leaning towards the triangle scenario, but either way, the 4th wave should finish very soon, setting the stage for the final 5th wave rally targeting 6150-6200. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $Invesco QQQ(QQQ)$ ImageImage

With $.SPX(.SPX)$ gapping up strongly, it is favored the 4th wave is complete & we are in the midst of the FINAL 5th of Wave C of [W5] of Wave 5 rally.Therefore, the dips should get bought to target the 6150-6200 range - potentially by FOMC on Dec. 18. Support is at 6075 with the loss of 6050 sending a warning we still have another leg down to 6035-6003 support to then complete the 4th. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQma

Despite the initial misstep in timing, $.SPX(.SPX)$ is still 100% on track to complete the monumental rallies from both the 2022 and 2009 lows, setting the stage for the powerful, multi-year bear market decline that we’ve all been anticipating.What we need now is a final 5-wave climb from the 11/04 low to fully retrace the impulse and wrap up Wave C of the larger [W5] within the Wave 5 ending diagonal. We’re so close to the finish line, as this can occur within weeks![W5] is projected to top out between 6175-6250, with confluence at every turn—the 50% extension of [W1]+[W3], the 61.8% extension of [W3], and the upper boundary of converging trendlines all pointing to this crucial level.A break below the [W2]/[W4] trendline will be the moment that c

$.SPX(.SPX)$ is either in the fractal or larger 4th wave position.If it remains above 6072, the fractal 4th triangle is favored to immediately burst higher targeting 6125-6140 to complete the larger 3rd.However, below 6072 would favor the larger 4th playing out targeting 6035-6003 before the final 5th wave rally. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ ImageImage

$.SPX(.SPX)$ completed the fractal 3rd of the larger 3rd, and should dip to 6063-6052 support.If so, that should be bought to take price to 6125-6140 to terminate the final 3rd wave under Wave C before the 4th wave pullback charged by CPI on 12/11 (?).Anticipating a melt up for the grand finale until those targets are reached, so dips are expected to be bought rapidly for now. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ Image

$.SPX(.SPX)$ With todays burst and incomplete wave count, it is favored that the 3rd still has upside to 6140.However, a fractal pullback is likely with the 6063 area to act as support to reach that target.With the additional upside, it is more likely [W5] of Wave 5 ultimately extends to 6200-6250 around the end of the year. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ ImageImage