evanevansmusic

The Elliott Wave case for a bearish market through mid-May

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
A quick and dirty Elliott Wave analysis reveals potential for the market to trade it's way back to late March levels to expend all the pent up traders holding short-term positions before returning to the overall uptrend again late May.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.