SPY Must Target $437+ To Complete FPT Structure

The SPY must attempt to target $437 or higher to complete a proper Fibonacci price structure.

Using both Elliot Wave and Fibonacci Price Theory, my research suggests the next big move in the SPY will be an explosive upside price trend, reaching a SPIKE TOP, then a downward reversion targeting $404~409.

Ultimately, price operates within its own constructs. Learning to identify and trade the constructs is critical in learning to avoid emotional trading. I've seen so many people trying to SHORT this upward trend and FAILING.

You don't right the price or the structure - you ride it and time your entries to profit from the most reasonable/logical outcomes.

Time will tell if I'm correct, but my research suggests $437 to $441 are key target levels for the SPY, and the move should happen within the next 4~5+ weeks. Then, watch out below.

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