myceliium

SPY: Charting the complex correction

myceliium Aggiornato   
AMEX:SPY   SPDR S&P 500 ETF TRUST
ew+fib forecast:

Just for fun. Been looking at the shape of the recent movement and working to understand the possible ways this may play out. Three options (rally, selloff, consolidate) presented on the chart.
Commento:
5th Wave may have completed at 398... lets see what tomorrow holds. Fear is still in the trading dna of March considering that was when the initial market sell of began. This move up have been a rejection of that history but i think SPY may have overdone it a bit and will cool off into the end of the month

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