$SPX Holds the Line: Bullish SMT Divergence Signals Potential Breakout
$SPX defended the W4 triangle low while $E-mini Nasdaq 100 - main 2609(NQmain)$ swept its June low, creating a bullish SMT divergence.
The key trigger now is a breakout above the bearish FVG resistance — a daily close above that level could confirm a new move toward all-time highs.
Meanwhile, $MSFT’s Elliott Wave setup hit the 402 target, validating the bullish thesis.
1. $S&P 500(.SPX)$
Do or die for $SPX.
Price held the W4 triangle low.
$NQ swept its June low. SPX didn't.
Bullish SMT — DIVERGENCE PRINTED.
A new bearish FVG is now the last thing standing between us and new all-time highs.
Daily close above the FVG resistance = BUY SIGNAL.
Lean stays bullish.
Below the triangle → local top warning.
2. $Microsoft(MSFT)$
GIFT DELIVERED.
5-3-5 model, start to finish.
402 target REACHED.
Members bagged it.
You're welcome.
Only with Elliott Wave 2.0.
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