We clearly have at least a small pb underway as clearly shown with the 60min chart. Question is how far will it go.
On the daily chart I show a count that has SPY completing 5 waves down, completing a 3 wave correction, and now starting a new wave A or C down. A lot of talk about a bear rally being done. Time will tell if they are correct. I am starting to reduce my long term holdings again.
Don't forget, this is last trading day of week.
Trade the Charts and not the Heart - Expect the trend to continue until it doesn't - Realtime is the real deal
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