I'm working two elliott wave counts 
SPY . One bullish and the other bearish. Both are corrective advances.
The bullish case is a w-x-y (linked) while the immediately bearish case is an abc. A break of the channel would bolster the bearish case.
SPY . One bullish and the other bearish. Both are corrective advances. The bullish case is a w-x-y (linked) while the immediately bearish case is an abc. A break of the channel would bolster the bearish case.
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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.