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]
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Here 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.
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https://twitter.com/TriggerTrades/status/1783944830302732621
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