$SPX has been going nowhere for months.
That's about to change.
Price is tracing out a bearish B-Wave triangle.
If not already complete, one more bounce into the Daily FVG at 6,883–6,915 and the triangle terminates.
What follows is a sharp C-Wave decline to SPX 6,720-6500.… pic.twitter.com/4AEmMSJl7s
— TRIGGER TRADES (@TriggerTrades) February 28, 2026
What a month for the stock market.
In January, high-beta growth went to the moon.
Literally.
Any random name in nuclear, quantum, space, drones, etc. were up 40-50% within weeks.
In February, those same names were down just as much.
So the drawdown was isolated to growth… pic.twitter.com/ptryN00rnw
— amit (@amitisinvesting) February 28, 2026
$SPX, $NDX, $DJI have all topped — but where's the drop?
– Look at $SMH
SMH is the last holdout. A 5-wave diagonal from the April lows is about to complete.
A break below the 2/4 trendline at 398 confirms completion of the 5-wave advance from 2025 — and the broader correction… pic.twitter.com/sr1CFbLDPc
— TRIGGER TRADES (@TriggerTrades) March 1, 2026