SPX is nearing the 5385-5430 5th wave targets
$S&P 500(.SPX)$ is nearing the 5385-5430 5th wave targets, but there is risk this leg up is already complete.
As long as SPX remains above 5325-5305, it can extend higher to 5385-5430.
However, the loss of 5305 is a strong warning sign a higher degree correction is playing out leading to 5250, if not 5000 for [W4].
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2406(ESmain)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2406(NQmain)$
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We expected the dip to be bought leading to a new high above 5362 📈
After finding support at the channel, we longed targeting 5362+ 📊
SPX had no pullback and traded to our target directly 🔥
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https://x.com/TriggerTrades/status/1799502327285518819
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