As long as we remain above 5400, $SPX is set up for new highs

As long as we remain above 5400, $S&P 500(.SPX)$ is set up for new highs

Once above 5505, that should lead to 5525-5540–5580, but would be highly vulnerable to a higher degree pullback.

The loss of 5411 should lead to 5430-5415 support to then extend to new highs.

$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2409(ESmain)$ $E-mini Nasdaq 100 - main 2409(NQmain)$

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We sold both the highs today as price met resistance of A=C and Fair Value Gaps ❌

$E-mini S&P 500 - main 2409(ESmain)$ then produced declines from our resistance areas netting us 30 points total during this difficult chop range🔥

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https://x.com/TriggerTrades/status/1806497246898429977

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • KSR
    ·07-01
    👍
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  • michelloz
    ·06-29

    🙏

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  • Rich life
    ·06-29

    Great article, would you like to share it?

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  • moobug
    ·06-28
    thanks
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