SPX can extend higher to the 5385-5435 target zone
As long as price remains above 5305, but ideally 5346, $S&P 500(.SPX)$ can extend higher to the 5385-5435 target zone.
However, there would be risk in a higher degree pullback in that 5385-5435 range - especially if the later target is reached.
The loss of 5305 would suggest the leg up from 04/19 being complete leading to that higher degree pullback.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2406(ESmain)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2406(NQmain)$
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SPX produced a quadruple double zigzag at today's low 📝
We then favored a bullish reversal to take price above the 5375 peak 📈
SPX then rallied from the 5327 low closing at the 5375 peak 🔥
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https://x.com/TriggerTrades/status/1800690727371866357
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