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fosheezy2890

SPY - EW: Main Count | Finished W-4 into W5 of W-A

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
fosheezy2890  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Elliott Wave SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index)
7
11
elliottwaves spy spx
Going over my counts and spending some time reviewing. Today we invalidated the wave 4 to wave 5 up move. Now it seems as if we are building this move down. Looks like we are finishing wave A/1 and will be heading towards a choppy move up towards FOMC 9/26 Wave B.

Key Levels to watch for Friday:

UP: 401.53, 403, 405
Down: 393.83, 390.04, 388

Good Luck Traders!!
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