SPX Faces Risk of Pullback
$S&P 500(.SPX)$ has now overshot the upper boundary of the converging trendlines within the high confluence 5590-5645-5670 [W3] termination zone.
Therefore, there is strong risk for a pullback at these highs, but more price data is needed to support a bearish reversal.
With that said, the loss of 5540 is a good indication of such, but consider 5583-5540 temporary support.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2409(NQmain)$
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https://x.com/TriggerTrades/status/1811205532985770224
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