SPY is boucing off key Fib levels today (04/05/2020), opening the door for a correactive wave up before another 5 waves down.
註釋
Incorrect - Wave A began a lot sooner and completed around the 2818 mark. Wave C was impulsive as expected and finished in the 2873 region.Currently, short from 2863 with a target of 2679 (100% retracement of major move down - Wave A).
註釋
Outcome:Prediction of wave end was correct.
Knowledge of corrective patterns needs refreshing
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