Get started
SPDR S&P 500 ETF TRUST
Long

Possible SPY movement

295
I'm trying to understand the Waves O' Elliot. Could this be a valid chart for SPY? I have a good understanding of Fibs, support and resistance, but I'm not really sure the proper placement of the waves beside the 5 up 3 down concept. Any feedback would be awesome. If it's terrible please let me know.

Thanks. Stay Green!
InTheMoneyMike
Also on:
Elliott WaveESSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis

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.
Elliott WaveESSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis
InTheMoneyMike
Also on:

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.