The $SPX is on its last leg
We’re not just in the final stretch of the rally from 2022, but from 2009 (!!). The $S&P 500(.SPX)$ is on its last leg, heading for 5850-6000. After that? The fall begins.
Once the ABC pattern completes from 08/05, it’s game over. A multi-year bear market looms — we could see the collapse start by the end of the month or around election time!
As long as we stay below 6118.34, the downside is unavoidable. Get ready for a market reset.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ(.IXIC)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
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We longed Thursdays close expecting a bullish reaction from NFP due to the double zigzag/impulse up model 📝
NFP then produced a powerful burst higher 60 points from our long entry 🔥
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https://x.com/TriggerTrades/status/1842978357010469029
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