SPY - EW: Main Count
Hello Traders! Here is an update on SPY. I believe this higher degree wave 3 is coming to a conclusion this week sometime. For 10/3 Monday, i would like to see a move towards 363/364 then rolling over into a final wave 5 taking us to a post triangle thrust maybe to 354 all the way down to 349 potentially. Those are my key area's i'm watching. Then we can start looking at wave 4 higher degree to be kicking in. That is my thoughts for this coming week.
Key area's i'm watching:
Upside: 360, 363/364, 365
Downside: 358, 354, 350, 349
As we begin to transition towards wave 4, i will update until then we should all be sitting in puts ya?
Good Luck Traders!!
Key area's i'm watching:
Upside: 360, 363/364, 365
Downside: 358, 354, 350, 349
As we begin to transition towards wave 4, i will update until then we should all be sitting in puts ya?
Good Luck Traders!!
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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.