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$
SPDR S&P 500 ETF TRUST
$
By Eloquent
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Updated
May 5, 2022
2
2
Cheer
Cheer
13
13
May 2, 2022
o/
hello peoples,
we're finally approaching the 12 year level that i've talked about in the past.
this level will be defended heavily. currently sits at 397~395.
if the back-test of this level is successful, an expansion to $575 will come over the next 1-2 years.
no guarantees, this is all just an argument against the majority (which are all bearish).
im a buyer today, and i will continue to be a buyer until i see a definitive break of that 12 year level.
----
if spy breaks below that level, the bull run is over, and we will enter into a prolonged bear market for many more years to come.
✌
May 5, 2022
Comment
youtube.com/watch?v=sj8ot35BaKg
Elliott Wave
S&P 500 E-Mini Futures
SPX (S&P 500 Index)
S&P 500 (SPX500)
US SPX 500
SPDR S&P 500 ETF (SPY)
us500
Eloquent
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