SPY: Sticking with the macro ending diagonal (ABCDE) hypothesis. Currently in the final leg E within wave C unfolding in 12345. From here, we could still see a deeper pullback or print wave 3 to the upside. Key levels to watch: the 38.2–61.8 retracement pocket for support on any dip, and the 61.8 extension ($772) overhead as major resistance on the push higher. Heavy macro docket next week, keep risk tight.
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