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shkspr

SPY | Informative

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY)
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SPY


I see two scenarios,
bullish: if it reaches 406$ then I expect leg5 of Elliot Wave around 440$ area; if it loses 390$ then it's a bearish scenario to hit the previous low at 375$; at the moment, it's possible to test the support level, and then it flies to 440$.


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