$SPY TOP 20
Added 2023-10-10 15:46:30 +0000 UTCWhen we look back on this, we can see that this was as textbook as they come, a 3 Wave corrective wave pull back to the 200 Day MA and then it bounces, on the preferred seasality point and has bounced in a V shaped recovery.
We should have be moving up Wave 5 now, when I have subwave 1 in, I will be able to count the fives subwaves accurately....for now, the 50 Day MA at $440 is looking like the likely spot for Subwave 1 to finish.
The pull back for Subwave 2 should be the ideal spot to buy or add again.
