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.

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We 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 🔥

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https://twitter.com/TriggerTrades/status/1782939154117971991

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