$SPY TOP 20 UPDATE
Added 2023-03-20 16:26:24 +0000 UTCWe showed yesterday that Wave 2 may be complete here, so today we were looking at subwave 2 of 2, it got all the way up to the 0.65 Fib and rejected, so this is behaving as it should, it remains to be seen whether or not this is complete so what we should be looking for is a new low, below 388.55. Remember, Subwave 3 of 3 is the most aggressive move....as Morgan Stanley has just reported, it could be vicious, this corresponds perfectly with our chart.
Now we wait.
