$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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.