SPY bounce hard upward this morning to complete minor wave 4. Wave 5 began 2 hours into cash session and completed wave (possibly wave 2), and we will begin wave 3 of 5 within the next day, I believe. Final target for Wave 5 is 497, then a larger wave 2 begins.
Wave 2 PT is 540
Wave 2 PT is 540
Note
WAVE 2 looks to have begun. PT still remains at 540 going into next week
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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.