$spy updated wave count - this one for the bulls

Hey Guys

So the last few days I have put up the bear counts. Basically the bear count is that right now where I have a iii labeled, its actually a C, and we are about to get rejected and flush down to the real wave 4 bottom at the 422 area. Essentially we will follow the red arrow on the next pullback.

WE ARE STILL IN THE CAUTION ZONE , REMEMBER THAT

But, with all of this being said and seeing the ripper we did today, we are getting close to the 161.8 extension and we are now above the ATH AVWAP and the downtrend line. Good signs for the bulls. The bulls see this thing as an impulse, and if correct this chart shows what kind of price action we could be seeing. If the bulls count is right we have a wave 1 PT of about 445, expect to see that by early next week if correct, and then from there we will see a flush for wave 2 (it could be a big one and be a huge bear trap leading into OpEx). After that dip we will go wave 3 rip mode and see ATH's very soon. Wave 3 pt 465 and I think we would see that by year end or Jan. My wave 5 top comes in at 473, and that is the spot where I do not think the market goes any higher.

But enough with the guessing, lets sit back and let price action decide. We know which ways the bears can take it, and now we know where the bulls can take it. Play your hand properly and never over risk.