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SPDR S&P 500 ETF TRUST
Short

Corrected - SPY Short

By CodeAndQuant
Updated
This is a correction of a previous idea posted on 7 March 2018. In error Donald Trumps election win was plotted against Nov 2017 instead of 2016.

The chart has been corrected and is re-posted here
Comment
233.80 low of the week of 24 Dec was fulfillment of the 3rd wave.

Given today's change in stance from the FED $257.50 and later $268.15 doable

Earnings reports would need to be fairly negative for the QQQ to fall to $222.50
Beyond Technical AnalysisbeyondtechnicalanalysiselliottwaveprojectionspdrSPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis
CodeAndQuant

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