SPY | Informative

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:

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