Everything is unfolding as planned for
SPX 
SPY SPX500USD : after a completed impulse to the downside, we're seeing a complex WXY correction, with wave (y)potentially ending around the 0.618 retracement level and the MA20w.Currently, wave B of the second leg is developing. Once it's complete, we may see a final push upward before a larger wave C to the downside.
⚠️ Key area to watch: 5780–5840
ES1! zone for potential exhaustion.
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🇺🇸 t.me/shakatrade1_618
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.