$SPX confirmed the bullish WXY model thus favoring completion of Wave B

$.SPX(.SPX)$ confirmed the bullish WXY model thus favoring completion of Wave B.

Therefore, the 5696 low should not be crossed to begin the FINAL WAVE UP of Wave C of [W5] of Wave 5 targeting 6000-6080 over the next few weeks.

Then the bear market will begin...

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

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Latest update:SPX came within striking distance of confirming the bullish WXY model at 5777!

I'm leaning toward a completed setup here, signaling the beginning of the final ascent—Wave C of [W5] of Wave 5—eyeing the bold 6000 target.

If there's a final pullback, look for Wave B to bottom around 5700-5650 before the last surge kicks in. The time is coming !!

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# FOMC Rate Cut: Will 25bps Push S&P Higher to 6000?

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  • KSR
    ·11-06 11:03
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