SPDR S&P 500 ETF TRUST

$SPY recap for 5/5/23 with #Elliottwave!

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The bulls pushed back up through the monthly range, although the candle is still red. The weekly looks about the same, but the daily is showing a Morning Star Reversal pattern heading into next week. The wave counts were strong intraday, so you have to give the bulls credit for now!

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