SPDR S&P 500 ETF TRUST
Updated

New Estimates for SPY

382
Too much to write out and I spent so much time creating this, but you get the idea...

=FIB
Note
also a word on the GameStop debacle...simply an excuse for the wave 4 we are having down now...we will be back up for wave 5, and then that is really when the pain starts, the wave 5 being the final bull trap of relatively short duration and magnitude similar to the wave 2 we had in this cycle
Note
we will be touching the RSI and price down trend lines in the next hour or so; from there, i anticipate big boys rolling and buying up to clear out all the shorts that were probably being placed today
Note
sorry i know this chart is a lot to look at but I couldn't fit everything in, but if you look at the cycles, it makes sense and falls in line with it all
Note
also, funny how the "news" seems to always align with market occurrences and cycles

proves to me that cycles are unavoidable
Note
Please see updated futures chart for new reference

Where To Now ES?

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