$SPY TOP 20
Added 2023-09-14 17:06:13 +0000 UTCVery positive day, market is digesting the inflation numbers from yesterday and reacting well to the potential of a soft landing prospect.
What we want to see is a higher high now, so we need the price to go above $453.60 and that would mean that we have more than 3 waves, so the bounce can not be a corrective bounce and this is therefore Wave 5. Going above the $459.40 which was the high in July would finally confirm this.
