SPY holding 200ma on the weekly chart and potentially completing a 5 wave elliot pattern. Would like to see a continuation from here for another test of the 50ma weekly (200ma Daily). Great opportunities here long term and it seems like some buyers will start entering the market here.
Note
Well, here it was. One of the best opportunities of the year.
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.