TradingView
wolffarchitecture
Mar 28, 2024 12:40 AM

SPY a few counts (possible ending diagonal for Bears) 

SPDR S&P 500 ETF TRUSTArca

Description

While price seems extreme bullish, (Yellow 1-2, 1-2,....), There is a potential ending diagonal count to be considered at this point. Either way Bull or Bear a slow down or consolidation seems likely.

Comment

Comment

A top or "the top".
Markets "top" not always as expected. We could be finishing wave 3 of a larger scale wave five ending diagonal. So there is likely more choppy upside.
More