$SPY TOP 20
Added 2023-01-26 15:06:48 +0000 UTCThings are getting hot. The red Fib lines are resistance lines, rejection at these lines and it comes down, another wedge here too.
Likewise, the white fib lines are support lines now, if it can hold support here. Wave 2 in green is likely.
There is no doubt that a battle is going on, above the blue line at 411 and it holds, the battle is over and the bulls have it...new low below 370 and the bears have it.
I'll wait and see.
