SPY FORECAST " CORRECTION IN PLAY "

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Right now, SPY is entering a corrective phase after completing a strong five-wave impulse sequence. Based on Elliott Wave Theory, we are now in an A-B-C correction, and here’s what I expect according to my analysis.
WAVE STRUCTURE EXPECTATION
- Wave A is in motion and is expected to hit support at $511 by March 18, 2025.
- Wave B will likely bring a relief rally toward $535 by March 24, 2025, before sellers take control again.
- Wave C is projected to finalize the correction at $487 by April 1, 2025, aligning perfectly with Fibonacci retracement levels.

HOW GANN CONFIRMS THIS MOVE
Gann Squares & Angles provide additional time and price validation:
- The breakdown below $562 confirms that SPY has lost key trend support.
- Gann's 1x1 and 2x1 angles are pointing to the same price zones where Elliott Wave suggests support.
- This means we are in a structured, time-based correction rather than a random sell-off.
WHAT THIS MEANS FOR TRADERS
- Short-term bearish bias until Wave C completes.
- If the price holds $511 (Wave A target), expect a bounce toward $535 (Wave B).
- A break below $511 signals more downside, with Wave C targeting $487 as the final correction zone.

FINAL THOUGHTS
market is moving exactly as expected, and this forecast is based on historically reliable market cycles. Whether you trade stocks or options, knowing where the market is headed helps you position yourself smarter.


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