$SPX Triggers Higher-Degree Wave 5, Eyes 7,700–7,800
$S&P 500(.SPX)$ ran straight into the Daily FVG resistance — then INVERTED it.
The higher-degree W5 has now TRIGGERED.
Measured move targets new highs → the 1/3 trendline at 7700–7800.
The new support zone is the entry.
New highs are the destination.
As I wrote last week：
$SPX tagged the Weekly FVG and RIPPED.
Bullish WXY off the low remains intact.
The decline from the high was corrective, not impulsive.
Support held right where it had to.
Next stop: Daily FVG resistance (7467–7516).
Leaning long into it.
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