SPX - The 5th wave BURST should be imminent

$S&P 500(.SPX)$ traced out the A-B-C-D-E waves of the bullish 4th wave triangle, so the 5th wave BURST should be imminent.

If so, we should break out of this tight range to target 6147-6200 for the 5th wave.

The 5882-5829 range should continue to act as support, but a close below 5829 would send a sell signal targeting 5767.

$SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2506(NQmain)$

ImageImage

$E-mini S&P 500 - main 2506(ESmain)$ long was signaled at 5886 following an m1 iFVG 📝

I then sold at 5910 netting us +24 points 🔥

ImageImage

For whom haven't open CBA can know more from below:

🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!

Find out more here:

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet