MishaSuvorov

SPY daily bullish hammer ABC correction for wave 4 of downtrend

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Order BUY SPY ARCA Stop 368.32 LMT 368.32 will be automatically canceled at 20230101 00:00:00 EST

SPY daily bullish hammer ABC correction for wave 4 of downtrend. Expect fibonacci retracement 50% before we go lower. Countertrend.
Trade closed manually:
oposite move

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