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?
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