SomethingAintRight

Spy retracement

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
I've mapped out important fib confluences as well as order balance/gap zones for the SPY retracement which I believe is correcting the short squeeze/momentum that recently entered the market. The zones marked out are extremely important in my opinion and regardless of how long it takes or how it gets there I believe we will interact importantly at those areas.
Comment:
Seems I was a bit off on the top end wave, but the zones are still accurate so keep an eye on 444 as top end if this push continue and supports of lower 420's and continued extension into lower 410-414 areas
Comment:
Looks like we had one more push but we have filled our order imbalance gap and are currently chopping around. Lots of support between 410-425.
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