$SPX B Wave Strength May Be Setting Up a Bigger Move

TRIGGER TRADES
04-13

Deep retracements lead to extended waves.

$S&P 500(.SPX)$ just retraced 78.6% of the decline.

Bulls see strength.

I see a B-Wave loading the SPRING.

The deeper B goes — the longer C tends to run.

Primary targets:

110% → primary

127.2% → high probability

161.8% → extension in play

The channel is drawn. The count is set.

A 161.8% C-Wave would MIRROR the 2025 extension.

History doesn’t repeat. It extends.

And every time $SPDR S&P 500 ETF Trust(SPY)$ tags the upper channel stretching back to the 2009 bottom —

It gets REJECTED.

2011.

2014.

2018.

2022.

2025.

Five touches.

Five rejections.

Zero exceptions.

You know what follows every single one?

Mean reversion to the channel midpoint - at MINIMUM.

2026 just became touch #6.

Number six won't be different.

S&P 500, Nasdaq New Highs! Is 7000 Start of a New Bull Run?
The S&P 500 edged up 0.26% today, consolidating near record highs in a narrow range as markets await clear direction from next week's Federal Reserve meeting. Sector rotation was evident with defensive and growth stocks advancing in tandem, though volume came in below the 20-day average, signaling cautious positioning among major players. A hawkish Fed stance could trigger heavy selling below 7,000, while dovish signals may open the door to $7,100. How should portfolios be dynamically rebalanced at these elevated levels?
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.

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