Bullish after SoS and Retest

3 Kas 2022

SPY has been accumulating at the expected bottom of a larger degree wave 4. This trajectory is a near term most likely path. Initial target low 400s, followed by one more pullback running to target range - upper range 419 by late November or early December

Mid term target by mid 2023 is a completion of larger degree wave 5 in the mid 500s.

We have a discount after yesterdays... thing

(SoS in the title means sign of strength)

** Buy once it breaks above 373.93 **

15 Kas 2022

Not

Continue higher, 407-419