gowithetf
Short

SPY SP 500 Time for a leg down?

BATS:SPY   SPDR S&P 500 ETF
880 6 6
SPY             has been suspended here in the last few days when all indicators say it is time for a down leg.

If you believe the elliott wave 3 count (using tradingview elliott tool) and you project your 4th wave based on time and price guidelines, we could see the SPY             at 128 in the next few weeks during an ABC down move.

Yesterday was a down day - we need badly for today to be a confirmation down day as well and we might start our pullback.

Thoughts?
JR I appreciate you reviewing my chart and respect your disagreement. What is your opinion on SPY at this time in the short term?
Reply
You also have an ascending wedge pattern that is about ready to break out. 156-157 is possible
Reply
Leclaireur QuantitativeExhaustion
What about now, ready to plunge??
Reply
Looking at the Vernal Equinox and Moon phases. Not looking good
Reply
Leclaireur QuantitativeExhaustion
Lol! Lets all get out then"!
Reply
Few bank closures around the world as well.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out