Bullish after SoS and Retest
SPY has been accumulating at the expected bottom of a larger degree wave 4. This trajectory is a near term most likely path. Initial target low 400s, followed by one more pullback running to target range - upper range 419 by late November or early December
Mid term target by mid 2023 is a completion of larger degree wave 5 in the mid 500s.
We have a discount after yesterdays... thing
(SoS in the title means sign of strength)
** Buy once it breaks above 373.93 **
Mid term target by mid 2023 is a completion of larger degree wave 5 in the mid 500s.
We have a discount after yesterdays... thing
(SoS in the title means sign of strength)
** Buy once it breaks above 373.93 **
Note
Continue higher, 407-419
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Related publications
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.