To The Moon

$MU 20241220 88.0 PUT$ Aiyo auto bought in while on holiday and never monitor lesson learnt don't trade while on holiday .... should just enjoy ...

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. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $NASDAQ 100(NDX)$

🌟🌟🌟 $Cboe Volatility Index(VIX)$ VIX is the Volatility Index also known as the Fear Index. VIX measures the implied volatility rate of the S&P500 Index. VIX spiked whenever there is negative news. On Thursday Jerome Power delivered hawkish comments which implied that they will be fewer interest rates cut next year. He also said that Bitcoin will not be included in the Feds Reserve. That sent VIX sky high!