$SPY recap for 5/5/23 with #Elliottwave!
The bulls pushed back up through the monthly range, although the candle is still red. The weekly looks about the same, but the daily is showing a Morning Star Reversal pattern heading into next week. The wave counts were strong intraday, so you have to give the bulls credit for now!
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.