I'm strongly in the bull camp, but there are several feasible bearish scenarios, however improbable. Elliott Wave counts, Fibonacci retracements and extensions, and MACD divergences shown. IF bullish, negative MACD divergence not expected to hold. Slope of positive divergence on lower MACD would be less steep in green wave (2), naturally.
Idee correlate
SPY - Weekly
nick.holland78
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