$SPX - The dips should get bought to target the 6150-6200 range
With $.SPX(.SPX)$ gapping up strongly, it is favored the 4th wave is complete & we are in the midst of the FINAL 5th of Wave C of [W5] of Wave 5 rally.
Therefore, the dips should get bought to target the 6150-6200 range - potentially by FOMC on Dec. 18.
Support is at 6075 with the loss of 6050 sending a warning we still have another leg down to 6035-6003 support to then complete the 4th.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
Image
Image
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
