TRIGGER TRADES
TRIGGER TRADES
Leader In Elliott Wave | Futures Trader
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avatarTRIGGER TRADES
2024-04-19

There may be a modest bounce to the SPX 5050-5080 range

There may be a modest bounce to the $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ 5050-5080 range before another leg down to 4985-4942.Once 4985-4942 is reached with a 5-wave price structure for the A-Wave, a B-Wave Rally would be expected.ImageWe were expecting price to remain below SPX 5080πŸ”¨to produce a sharp sell targeting 5007 🎯SPX topped at 5078 before a melt down to EXACTLY 5007 βœ… πŸ”₯We then expected a rally to 5050 from that low, which also played out perfectly 🀯ImageImageImageImagehttps://twitter.com/TriggerTrades/status/1781125203872924053
There may be a modest bounce to the SPX 5050-5080 range
avatarTRIGGER TRADES
2024-06-28

As long as we remain above 5400, $SPX is set up for new highs

As long as we remain above 5400, $S&P 500(.SPX)$ is set up for new highsOnce above 5505, that should lead to 5525-5540–5580, but would be highly vulnerable to a higher degree pullback.The loss of 5411 should lead to 5430-5415 support to then extend to new highs. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2409(ESmain)$ $E-mini Nasdaq 100 - main 2409(NQmain)$ ImageWe sold both the highs today as price met resistance of A=C and Fair Value Gaps ❌ $E-mini S&P 500 - main 2409(ESmain)$ then produced declines from our resistance areas netting us 30 p
As long as we remain above 5400, $SPX is set up for new highs
avatarTRIGGER TRADES
06-10 10:14

$SPX Tags Weekly FVG, Bounces on Cue, Eyes 7467–7516 Resistance

Called the destination. Price delivered. $S&P 500(.SPX)$ rejected the Daily FVG, declined straight into the Weekly FVG support, bounced. No clean 5-wave decline β†’ bullish WXY confirmed off the low. Near-term: up. Target is the Daily FVG resistance at 7467–7516. I expect it to reject there again. But until then, dips get bought. $SPX into the Weekly FVG exactly where the room was told to look. Morning call: bearish WXY, SMT at the high, next leg down to 7330–7272. Price hit it. Members banked it. 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance. 🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!
$SPX Tags Weekly FVG, Bounces on Cue, Eyes 7467–7516 Resistance

Do or Die for $SPX

Do or Die for $S&P 500(.SPX)$ . $SPX has officially traced out a valid 3-wave structure β†’ equal in length of the initial leg up. If another leg down is coming, this is the spot. CPI is the catalyst. Plain and simple. Daily close below 6618 β†’ higher degree sell signal fires. Any peak-to-trough decline of 2.05% or more marks the largest pullback of the rally off the lows β€” the earliest tell the advance is complete. Sustained rally/close above 6855 (78.6% retrace) would be a bullish warning. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2606(ESmain)$
Do or Die for $SPX
avatarTRIGGER TRADES
2025-03-02

TSLA Outlook: Corrective Rally Before Major Downturn

$Tesla Motors(TSLA)$ has topped, as warned to members on 02/09, but it holds a 5-wave diagonal structure at Weekly FVG support suggesting a corrective rally before escalating lower.Lean is Tesla rallies from here to at least cross 325, with upside potential to 362-384. However, that zone should be the termination point to produce the next major wave down.Ultimately, expecting this upcoming rally being the last chance $TSLA holders have to exit before crashing to 138-100 over the next 1-3 years. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$
TSLA Outlook: Corrective Rally Before Major Downturn

$SPX at a Critical Juncture: Hold 7272 or Risk a 10–20% Decline

$S&P 500(.SPX)$ just printed its largest decline since the March low after hitting the termination targets. Higher-degree correction. CONFIRMED. Line in the sand: Weekly FVG 7330–7272 support. Everything for the next 3 months hinges on that zone. Weekly Close Below 7272 = SELL SIGNAL Scenario 1: β†’ 10–20% correction β†’ 6800–6200 for the larger W4 β†’ that read takes over the second the FVG inverts Scenario 2? β†’ smaller w4 terminates β†’ rally back toward 8000 into year-end β†’ unlikely on close < 7272 $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2606(ESmain)$ 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance. 🎁 We’ve selected
$SPX at a Critical Juncture: Hold 7272 or Risk a 10–20% Decline
avatarTRIGGER TRADES
2024-09-23

$SPX is expected to see its dip get bought immediately

$S&P 500(.SPX)$ is expected to see its dip get bought immediately or at 5660 to then produce a higher high.An immediate higher high may complete a fractal 5th to return to the range before continuing higher, but the later would favor direct upside following. Overall, I am expecting a melt up to the 5880-5935-6080 targets for the final leg up as long as we remain above 5565. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ(.IXIC)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $NASDAQ 100(NDX)$
$SPX is expected to see its dip get bought immediately

$SPX Rally Trap Incoming? 6454–6568 Is the Ceiling

W5 targets have been met βœ… While the 5-waves down calls for an upside retracement, $S&P 500(.SPX)$ has formed Daily FVG resistance at 6454–6568. That FVG is expected to CAP any rally. Mondays have been bullish β€” but I expect any bounce to stay shallow and get rejected at 6454–6568 to produce another leg down. ALT: If we see more downside Monday/fail to rally, this would be favored as a W3 β€” not a W5 β€” meaning price continues declining directly to the Monthly FVG at 6178. There is also no longer a bullish SMT divergence with $Dow Jones(.DJI)$ , which would have warned of a larger bounce. We don't have that now. Sometimes I amaze myself. Last night's plan called for the
$SPX Rally Trap Incoming? 6454–6568 Is the Ceiling
avatarTRIGGER TRADES
2024-12-01

$ES crossed 6053 as expected

$E-mini S&P 500 - main 2412(ESmain)$ crossed 6053 as expected, and now realigns with $.SPX(.SPX)$ with both being the in the modest 3rd wave under Wave C.Watch for a 4th wave pullback over the next few sessions to 5970-5950 to then be bought for the FINAL 5th of Wave C of [W5] of Wave 5 ultimately to 6080-6100. With new data, the top looks more likely to occur within the next 1-2 weeks (CPI Dec. 11?). Get ready ! $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $Invesco QQQ(QQQ)$ Image
$ES crossed 6053 as expected

NDX Bearish Divergence vs SPX & DJI

$NASDAQ 100(NDX)$ has failed to confirm new highs, forming bearish divergences versus both $Dow Jones(.DJI)$ (Dec 10) and $S&P 500(.SPX)$ (Dec 26).The index is now printing higher lows but lower highs, compressing into a bearish triangle.This setup suggests tech is coiling for a sharp downside resolution, with a measured move to 23,500–22,900, aligning with equality of the initial leg down and the 200-DMA.A daily close below 25,165 would confirm the sell signal.If that zone is reached, the probability strongly increases that NDX has already peaked. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlim
NDX Bearish Divergence vs SPX & DJI

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