$spy - alternative wave count
Hey Guys
Here is a wave count of what we could potentially be seeing with spy. It is basically a massive leading Diagonal. We are still in potential wave 5 top caution area for this count as well. I have a potential target area of 461-465. I would expect us to get there early next week.
Similar to QQQ - this is the only count I will be putting up as I think we are approaching an OpEx front run dip, which would align with what I am seeing. I consider my favored count the bear count.
The "bull count" likely would be that we just continue to face rip melt up.
Also similar to QQQ, all dips on 3 , 7 , or 11 swings remain a buy. The actual market top could come at any time as you can already now see a clear 5 waves within this cycle. But, I favor spx hitting somewhere in the 4800 - 5000 range before the cycle is over
If people are interested in a high level spx cycle count reach out to me on the other platform that if I mention will get this taken down, or email me
Here is a wave count of what we could potentially be seeing with spy. It is basically a massive leading Diagonal. We are still in potential wave 5 top caution area for this count as well. I have a potential target area of 461-465. I would expect us to get there early next week.
Similar to QQQ - this is the only count I will be putting up as I think we are approaching an OpEx front run dip, which would align with what I am seeing. I consider my favored count the bear count.
The "bull count" likely would be that we just continue to face rip melt up.
Also similar to QQQ, all dips on 3 , 7 , or 11 swings remain a buy. The actual market top could come at any time as you can already now see a clear 5 waves within this cycle. But, I favor spx hitting somewhere in the 4800 - 5000 range before the cycle is over
If people are interested in a high level spx cycle count reach out to me on the other platform that if I mention will get this taken down, or email me
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.