Replies to post #9889 on S WAVE CHARTS

[RCKS]

snoot

Great to have you posting.

I'm with you on another leg down to the neighborhood of 4000.
I think that level will be bought or defended.
So in my wave thinking, down to 4000 completes a wave structure whether that is a Wave 1 or A.
The 2 or B could travel to 4500-4600 I believe before the market expresses it's unhappiness with Rate hikes.
That next target would be 3400.

snoot hope your well and thanks for sharing

http://stockcharts.com/c-sc/sc?s=SPY&p=D&b=5&g=0&i=p88862856176&a=234723979&r=1643735892891