SPYOn the very high level we are doing a larger ABC correction pattern from the Covid lows on March 23rd 2020.
In the ABC we are in the C wave of the primary degree 5 waves 1, 2,3,4,5
We just finished the 3 of the (iii) and going back to 4 and this could take us back to$ 406-$407
After that we drop again to finish the 5th wave.
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Disclaimer
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.