SPX final rally to ultimately push towards 6200-6320

TRIGGER TRADES
01-09

$.SPX(.SPX)$ should have terminated the 2nd wave to kickstart the 3rd under the final Wave C of [W5] of the Wave 5 rally.

A break above 5920 would favor this, opening the door to 6080-6130 for the explosive 3rd wave move.

Overall, I'm looking higher against 5829, expecting this final rally to ultimately push towards 6200-6320.

$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2503(NQmain)$

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SPX confirmed a bullish WXY model for Wave B and shouldbe progressing in the final Wave C of [W5] of Wave 5targeting a new high above 6100 with upside to 6200-6320

That is expected to complete the 15-year rally beforeentering the multi-year bear market with 40-60%downside.

However, a cross below the [W2]/[W4] trendlinecurrently at 5795, would invalidate such thus favoring thetop is already in.

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