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Drunkmonk
Jun 13, 2020 8:54 PM

S&P500 Primary Elliot Wave count. 

SPDR S&P 500 ETF TRUSTArca

Description

Y wave went 0.618 to the tick.. w/ the hidden bullish divergence im leaning more bullish combined with the fact we didn't go 90%+ to meet the strong guideline for an X wave which would likely make this an expanded flat to complete 4 of the impulse that began in 2009.

still holding my SNAP puts waiting to see how Monday plays out.

Comment

I didn't dig it out but W being multi zig zag.. hard to ignore precise reaction at .618 extension.

Comment

this is just the general idea no specific targets for upside/downside
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