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SPDR S&P 500 ETF TRUST
Long

$SPY - Wave 5 $473 or $484

By Lonelyfly
Updated
As long as the white channel up is intact, SPY should continue trending up. Wave 4 either finished or if we have another wave down, bottom should be around 461 - 462 (2nd White Trendline). Wave 4 bounced off 3 key areas - Fib extension 200%, Anchor Vwap and the channel up trendline.
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Here's the /ES version of the count I have
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Chart PatternsFibonacci ExtensionTechnical IndicatorsTrend Analysis
Lonelyfly
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