morning,
spy looks to be heading to this local 1.618% extension of sub-wave 1 to confirm the first wave 3 impulse after that tedious correction from last month.
its in a series of 1-2's in my eyes, so i think we should see this melt-up continue until the end of this year.
originally my target was at around 4750, but i do think its set up currently to go higher.
just slightly under 5000 is probable as the top of this mania phase.
spy looks to be heading to this local 1.618% extension of sub-wave 1 to confirm the first wave 3 impulse after that tedious correction from last month.
its in a series of 1-2's in my eyes, so i think we should see this melt-up continue until the end of this year.
originally my target was at around 4750, but i do think its set up currently to go higher.
just slightly under 5000 is probable as the top of this mania phase.
Trade active:
