SPY Possible Retracement Path

2020年5月4日

SPY is boucing off key Fib levels today (04/05/2020), opening the door for a correactive wave up before another 5 waves down.

2020年5月5日

注释

Incorrect - Wave A began a lot sooner and completed around the 2818 mark. Wave C was impulsive as expected and finished in the 2873 region.
Currently, short from 2863 with a target of 2679 (100% retracement of major move down - Wave A).

2020年5月14日

注释

Outcome:
Prediction of wave end was correct.
Knowledge of corrective patterns needs refreshing