SPY Bull count 9-11-21
Any bulls left out there? Hard to be after Fridays price action, but we have seen some crazy reversals last few months, so another rally wouldn't surprise me one bit.
The bulls need to hold the 444 range for this wave 4, from there we see a 5 wave move to the upside taking us to the 460 range where the primary wave 3 will peak.
At this point both this and my bear count are valid, we will just have to wait and see the price action. Either way you need to be careful out there at these levels!
PS- there are a ton of bears out there, so will the contrarian opinion be right here? OR will the bears win...
The bulls need to hold the 444 range for this wave 4, from there we see a 5 wave move to the upside taking us to the 460 range where the primary wave 3 will peak.
At this point both this and my bear count are valid, we will just have to wait and see the price action. Either way you need to be careful out there at these levels!
PS- there are a ton of bears out there, so will the contrarian opinion be right here? OR will the bears win...
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Disclaimer
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.