SPY
I see two scenarios,
bullish: if it reaches 406$ then I expect leg5 of Elliot Wave around 440$ area; if it loses 390$ then it's a bearish scenario to hit the previous low at 375$; at the moment, it's possible to test the support level, and then it flies to 440$.
You can see related charts here:
And also this one for traders:
Trade chiuso: obiettivo raggiunto
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
