SPY - COMBO / Running Flat ??
Looks like a completed 3 wave move to me. That being said, the diagonal for the C doesn't look as good in the futures market, or DJI. It's not even as clean on SPX. Tough to get any other decent count on the way down though.
If 3 waves complete then the correction is complete and we're going to re-test ATH, or it's some kind of a combo. If this is the case SPY needs to push a little higher so that we can draw a clean TL from the ATH to this next pivot. Would then look down at the bottom of the channel / w:y extensions of (1:1 / 1:0.618 / 1.618 ) / .382 fib from '09.
If 3 waves complete then the correction is complete and we're going to re-test ATH, or it's some kind of a combo. If this is the case SPY needs to push a little higher so that we can draw a clean TL from the ATH to this next pivot. Would then look down at the bottom of the channel / w:y extensions of (1:1 / 1:0.618 / 1.618 ) / .382 fib from '09.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.