$SPX is 100% on track to complete the monumental rallies
Despite the initial misstep in timing, $.SPX(.SPX)$ is still 100% on track to complete the monumental rallies from both the 2022 and 2009 lows, setting the stage for the powerful, multi-year bear market decline that we’ve all been anticipating.
What we need now is a final 5-wave climb from the 11/04 low to fully retrace the impulse and wrap up Wave C of the larger [W5] within the Wave 5 ending diagonal. We’re so close to the finish line, as this can occur within weeks!
[W5] is projected to top out between 6175-6250, with confluence at every turn—the 50% extension of [W1]+[W3], the 61.8% extension of [W3], and the upper boundary of converging trendlines all pointing to this crucial level.
A break below the [W2]/[W4] trendline will be the moment that confirms this outlook. Don’t be fooled by the timing confusion—it’s only a matter of time before we see this play out exactly as planned. The stage is set, and the direction is clear.
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- KSR·12-10👍LikeReport