SPX is now set up for a bullish 3rd of a 3rd wave

TRIGGER TRADES
01-30

$.SPX(.SPX)$ is now set up for a bullish 3rd of a 3rd wave under [W5] of Wave 5.

Price should have terminated its 2nd wave today's 6012 low to target 6120-6180 for the 3rd - ultimately leading to 6250.

The H4 FVG at 6053-6014 should continue to act as support, but the loss of 6012 and/or an H4 close below 6014 would reduce confidence.

Hard invalidation for a new high is a cross of the [W2/[W4] trendline - currently 5845.

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

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