SPY - EW: Main Count

Currently we claimed the high levels of what should be A wave. Confirmation of completion is break below 404.50 support. Maybe we get this pullback towards CPI then bounce back up for wave C. I'll be watching if we start break below 400 towards 398 and 395 if we get that on Tuesday.

So far move looks like overall wave 2 with a move down incoming. Hold on for the wave 3.

Good luck Traders!!