Elliott Wave on $SPY

SPY

On the very high level we are doing a larger ABC correction pattern from the Covid lows on March 23rd 2020.

In the ABC we are in the C wave of the primary degree 5 waves 1, 2,3,4,5

We just finished the 3 of the (iii) and going back to 4 and this could take us back to$ 406-$407

After that we drop again to finish the 5th wave.