$SPY SNP500 ELLIOTT WAVE ANALYSIS UPDATED

11 thg 5, 2021

Seems like what I previously thought to be wave four was wrong, I do believe we are now currently in wave 4. Im watching for a bounce at 413.7-414.5 , this would complete the fourth wave and send us to the last leg in the rally. As of now my price target on spy is 426. A daily close under 410 would signify the start of the correction and the first leg of downward action on spy in my opinion. good luck to all