7pasos

SPY near major resistance

BATS:SPY   SPDR S&P 500 ETF
109 1 0
Under the elliott wave principle this is my theory for the SPY            
If you change to weekly time frame can see that we have at 160.27 the 1 to 1 proyection A)) to C))
And in the short term there are two near proyections for the end of the wave 5 of C) of C))
I expect the price end the movement near this zones and then could be a good idea look for reversal signals.
This was replaced by the
SPY Near a major resistance zone
chart because the correction is a double zigzag not an ABC. (ups)
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out