fenditendi

SPY - Short

שורט
fenditendi מעודכן   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Wave counts, channels, etc on chart.

Wave 5 extended, sub-waves counted.

Estimated some potential ranges using length of wave 1 and wave 3-4 position.

If you disagree with anything, feel free to leave something in the comments!
הערה:
Just a little note, since that channel is very, very, very narrow.

Market may and likely will crash or flip hard at EOD today given indicators. It seems to have already begun!
הערה:
Targeting at least 272.
הערה:
Resistance showing at 275, lets see if we can get a breakthrough today.
הערה:
הערה:
Zigzag correction (5-3-5) already showing the B wave, above is a hypothetical situation
הערה:
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Either way, the short-term trend is upwards. Friday should see a good move up.
הערה:
RSI setting a mandatory gap up tomorrow...
הערה:
little higher than presumed, but wave B begins now! Monday should be a decent sized pullback (at or around 275-276 as target)
הערה:
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jesus christ almighty even with BA down 11% premarket we see this massive upshot...

beyond predictions but same goal was achieved. buy puts now!

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