SPX captured and exceeded Target 1 from Sept. 8:
Bigger picture, SPX is bouncing off the red trend line:
There is resistance several places overhead, with 4350ish as a standout:
And last but not least, TLT has finally confirmed my wave count from 2022:
In conclusion, bulls do have some options here, but for now, the "most common" situation would be for the current bounce in SPX and NYA to be a fourth wave. If things get squirrely, we'll take a closer look at the bull options. Trade safe.
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