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
Chart PatternsTrend AnalysisWave Analysis

Also on:

Disclaimer