Possible Short-Term SPY Scenario 2023 - Elliott Wave
SPY scenario worth looking into.
5 Wave move from market top as an Expanding Diagonal for Wave A
3 Wave Counter-trend move - currently in Wave C of Wave B of a higher degree
Pullback into Golden Zone (50, 61.8, and 78.6% retracement)
A=C leg @ 450 level for Wave B
5 Wave Drop - ZIGZAG Correction Complete
5 Wave move from market top as an Expanding Diagonal for Wave A
3 Wave Counter-trend move - currently in Wave C of Wave B of a higher degree
Pullback into Golden Zone (50, 61.8, and 78.6% retracement)
A=C leg @ 450 level for Wave B
5 Wave Drop - ZIGZAG Correction Complete