SPX is expected further rally to 5385-5435
With $S&P 500(.SPX)$ producing a new high, it is favored that further rally to 5385-5435 is expected.
The dips should be bought until that zone is reached.
However, since it is expected to be a 5th wave, a higher degree reversal - ideally for [W4] - would be expected following.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2406(ESmain)$ $E-mini Nasdaq 100 - main 2406(NQmain)$
Image
https://x.com/TriggerTrades/status/1798868278024323455
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