I believe we will enter a bull run after the completion of the ABC retracement and retest of the previous trendline. This indicates the beginning of wave 3 which should end around 430 regions. 410 area provides some resistance and I have outlined a possible scenario that may take place around this resistance area. Provide any feedback or comments I would love to interact.
Note
SPY has gone above resistance at 410 as predicted by elliot analysis looking for further upside
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.