SPY Correction or 5th
Updated
SPY is doing one of two things today. If we break below 283 i see the GREEN impulse being the count, with the correction wave bringing us toward that 277 level.
Id we break higher then the BLUE count stands at this point and we begin our march towards 300.
Fridays have been a historically green day the past few weeks. but i think this one is 50/50
in on 285 put options now that i will likely dump at the open for healthy profits
Id we break higher then the BLUE count stands at this point and we begin our march towards 300.
Fridays have been a historically green day the past few weeks. but i think this one is 50/50
in on 285 put options now that i will likely dump at the open for healthy profits
Trade active
283 broken.. Looks like its correcting a bit. Next target of 277 for bounce
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