SPX setup warns of sharp move as BTC NVDA AAPL and SMH mirror bearish patterns

TRIGGER TRADES
03-02 14:14

New weekly update — setting the stage for a pivotal week.

$S&P 500(.SPX)$ holds a bearish triangle setup and could see a sharp resolution lower as soon as this week.

6,720 is the high probability target with downside scope to 6,500.

BTC, $NVIDIA(NVDA)$ $Apple(AAPL)$ $VanEck Semiconductor ETF(SMH)$ all hold similar bearish setups supporting the case.

For example, BTC has been grinding sideways for weeks.

That's not consolidation — that's a bearish 4th wave triangle.

That triangle now looks COMPLETE.

Wave 5 down is NEXT.

Targets: 56,500–53,500.

The trap is set.

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