AMEX:SPY   SPDR S&P 500 ETF TRUST
1
This rally, if equal distance with the May 17th rally, takes you to SPY 200,....( green lines) which is also the outer boundary of the pitchfork. The subsequent reaction being of equal distance ( aqua line), will trace back to the inner pitch fork....This 2nd wave will also end at a 38 fib retracement, the 3rd wave will follow the Gann speed line...this is for my records
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.