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.

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We 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 🤯

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https://twitter.com/TriggerTrades/status/1781125203872924053

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Comment6

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  • You seem to have a good handle on the potential short-term movements.
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  • Longmanlee
    ·04-22
    Good job
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  • Tom Chow
    ·04-22
    good
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  • LEESIMON
    ·04-22
    🩷Good
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  • KSR
    ·04-21
    👍
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  • JonNel1222
    ·04-20
    Great article, would you like to share it?
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