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S&P500 - FED Rate cut will take this higher ! Great R/R !

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Trend Analysis Wave Analysis Beyond Technical Analysis SPX (S&P 500 Index) S&P 500 (SPX500) LONG Elliott Wave riskreward
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S&P500 - Looks like we could go higher here but we first neeed to go above 3050.
Next levels of interest are 3060 and 3080 as termination point of pink wave 5 of orange wave iii.

This view is also encouraged by the FED rate cut coming up in 1hour as lower rates are bullish for stocks.


Bigger picture :
S&P500 - Last chance for bulls!
Komen:
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Komen:
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Komen:
Pink wave 5 is in. Now making orange wave 4.
Invalidation is now at 3000 for the orange count.
snapshot
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