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fosheezy2890

SPY - Wave 4 of Wave C of Wave B | Scenario 1

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
fosheezy2890  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Elliott Wave SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index)
3
2
elliottwaves spy spx
I have 2 scenario's that i think look the best based off structure in this higher degree wave 4.

This first scenario suggests current correction is building a A structure, Monday wave B, Tuesday-Thursday wave C and start wave 5 Friday (ISH - im not best for timing this type)

Key area's i'm watching:

Upside:
424, 425.23, 426.47, 427.28 (gap fill), 427.70

Downside:
419.54, 418.29, 416.75, 415

Good Luck Traders!!
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