$SPY TOP 20
Added 2024-01-04 16:54:07 +0000 UTC$AAPL has pulled back very close to its 0.618 Fib so we need to watch to see if its Subwave 2 is complete, we have observed that $AAPL tends to lead the market and we saw this happen at the start of Wave 4 at the end of July.
So from $SPY above, Subwave 2 does not look complete yet for me and there may still be more to pull back before it starts Subwave 3 of Wave 5.
Once the $SPY gets above the blue line which is the All Time High Line, we could see a very aggressive climb as the market gets flooded with more capital to take advantage of the new highs and the bullish trend.
For now, I believe this will still pull back to my Subwave 2 level at the previous resistance line at $455.
