gatorfan155
Short

Zig zag wave 2 about to finish an expanded flat

AMEX:SPY   SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS
I have Spy finishing an impulsive 5 waves up fro Dec 24 to Feb 6. We are now in consolidation mode. I am looking for a daily head and shoulder pattern to play out as a zigzag . I have us about to complete wave 2 of the zigzag with this wave being an expanded flat and eyeing the 1.618 for the end of C. Great put opportunity if I see price topping out around the 1.618.
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