Indice S&P 500
Long

SPX New High Bets

96
Took a bunch of bets over the last couple days on SPX making a new high. Time expiry for this is scattered but all bets are within three months.


This looks like an Elliot correction.
Basic bullish Elliot wave structure


And, as such, I'll buy the 76.

I think if there's a rally, we'll see 6,000.

Which is a zone I intend to become hyper bearish if we hit.
Nota
Out of these at 5460 because of risk of butterfly.
Is this all just a range based butterfly?

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