$SPX Holds Bullish Structure, Eyes Fresh Record Highs

$S&P 500(.SPX)$ — breakout coming.

Bullish reaction off Daily FVG support with an ABC down.

Now holding a bullish SMT at last week's low (DJI).

We coiled post-CPI -> That leads to a strong directional move tomorrow.

Path of least resistance: all-time highs.

Lean: we SMASH through those and break out for W5.

Invalidation at the triangle low.

$SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2609(NQmain)$ $iShares Russell 2000 ETF(IWM)$ $Dow Jones(.DJI)$

$E-mini S&P 500 - main 2609(ESmain)$

Bullish ABC down to today's low.

Bulls take over from here.

New highs on the way.

Invalidation at C-Wave low.

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