spescarus

SPY Bullish scenario

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY was rejected at 250EMA and 61.8 Fibonacci retracement level and it completed a legit 1,2,3,4,5 impulse into a complete wave 1. My target for wave 2 is arrount 250.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.