5th Wave-NEARING An End?S&P 500SP:SPXsentimenttimingPrice continues to push higher in what appears to be the final leg of a 5-wave sequence. Weโre now likely in Wave 5 of (1)โthe stage where: momentum can begin to slow participation starts to thin out and traders become most aggressive chasing strength ๐ง What Matters Here The focus isnโt calling the exact top. Itโs recognizing when a move is: ๐ mature in structure ๐ and potentially losing support beneath the surface This is where conditions can shift quickly. โ ๏ธ What Iโm Watching Behavior into new highs Whether buying pressure continues to support price Signs of exhaustion beneath the move If this structure completes, we could transition into a Wave (2) pullback, which can be: fast sharp and catch traders leaning the wrong way ๐ Key Concept Markets donโt move in one direction forever. ๐ Every move retraces ๐ The more extended the move, the more aggressive the reaction tends to be ๐ If this lines up, hit the rocket โญ Follow for more ๐ Check out my profile โ 25% discount, limited spots available