$SPX completed a bullish WXY model at 5764

TRIGGER TRADES
2024-10-11

$S&P 500(.SPX)$ completed a bullish WXY model at 5764 for a fractal 4th wave.

Therefore, 5764 should not be crossed to produce a 5th targeting 5796-5820-5833, but a pullback may follow due to 5-wave up structure.

The loss of 5764 would reduce confidence but the immediate bull count has a hard invalidation point of 5735.

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

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SPX produced a bullish WXY model at yesterdays closing low 📊

We longed against the Y-Wave termination point expecting a higher high for a 5th 🚀

SPX did just that 🔥

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# Take Profit as S&P Hits 5800 or Hold Till 6000?

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