BOTTOM is the SP 500 A double zig zag has ended into the target

SPDR S&P 500 ETF TRUST (BATS:SPY)

Updated

BATS:SPY SPDR S&P 500 ETF TRUST

waveanalysis harmonicpatterns chartpattern spy iwm tlt dia

Last week I talked about the alt wave structure if we failed at 4521 . I stated that if we fail to break above this we would then see a abc or 5 wave drop to 4331/4303 the ideal target 4303 in a perfect world and that the VIX would see 18.8/19.8 worst case if the bull was still within the final advance . I also want traders to review the tlt post THE MAJOR LOW DUE and the DXY . I look for the sp to march to 4666/4731 from here I am now 100 % long and margin of 5 % and fully long calls today I also took a full 100 % long in IWM target has been met . best of trades WAVETIMER

Comment:

it is now confirmed the target is 4731 as of today within 26/28 trading days

Reply

Edit

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.