$SPX traced out a bullish double zigzag at the 5674 low

TRIGGER TRADES
10-04

$S&P 500(.SPX)$ traced out a bullish double zigzag at the 5674 low, which should have completed the 2nd wave

If so, NFP should produce a strong move up tomorrow to begin a multi-week melt up to the 5880-5935-6080 final targets

The loss of 5674 would suggest a bit more downside to 5660-5630 to then terminate the correction

Sub:5630 is now a warning the invalidation point of 5585 will be crossed

$SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini S&P 500 - main 2412(ESmain)$ $E-mini Nasdaq 100 - main 2412(NQmain)$

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https://twitter.com/TriggerTrades/status/1841932529994985783

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  • Dr Leonard Lim
    ·10-05
    Great article, would you like to share it?
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