SPDR S&P 500 ETF TRUST
Updated

$

974
o/

hello peoples,

we're finally approaching the 12 year level that i've talked about in the past.
this level will be defended heavily. currently sits at 397~395.

if the back-test of this level is successful, an expansion to $575 will come over the next 1-2 years.

no guarantees, this is all just an argument against the majority (which are all bearish).

im a buyer today, and i will continue to be a buyer until i see a definitive break of that 12 year level.

----

if spy breaks below that level, the bull run is over, and we will enter into a prolonged bear market for many more years to come.

✌

Spx Macro Count.


$py 12 year Elliott Wave analysis.

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