$SPY Short-Term Bear Target

We may be in the early stages if an impulse down on $SPY, 1-2 so far. If so, 3 would aim for the target below.

SPY

I post this because the morning bounce is in 3-swings and is a good candidate for a zigzag 2 “up”:

SPY


[UPDATE]: Though it needed to distribute some more first, since it fell quite dramatically from here, I will file this under “Successful Calls.”

SPY


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