Eloquent

"the bull case for spy"

AMEX:SPY   SPDR S&P 500 ETF TRUST
the bull case suggests that wave 4 is completed.
was a very deep and tedious wave 4, but it was very valid to say the least.

>if the weekly low could hold,
>an expansion to $527 is expected by the end of this year.

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by now, 90% of the market has become a bear.
all of the bulls that were calling for spy 500, are now calling for spy 300.
this is the psychological shift that i look for when observing the markets.

w5 target = $527.

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ps. i discussed this idea for quite a long time. will leave a few posts down below for you to feast on.




Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.