SPDR S&P 500 (SPY)

[Caoi]

I picked this up from another board (Gleno CCI). Interesting


This from Tony the Ewave Guru....He is now thinking that Primary Wave IV has possibly finished. If price moves above 2019 (2020.86 my number) without a big pullback then he thinks we are in Primary Wave V which will take price to new highs and end the bull market...He has no projection for that new high..Be interesting to see how this unfolds...Tony has been amazingly accurate in his market calls for this whole bull market.If 1867 is not the bottom here then it will not change the wave count...Primary Wave IV will end at a lower level and Wave V would start from a lower level..





http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=4&mn=11&dy=0&id=p15680795017&a=370498408