ABC unfolding in SPY, ES, SPX - Short opt ahead.

Clear wave setup can now be seen after today's close. It appears we are headed up to test the 618 and symmetrical leg higher of C on the short time frame. That should result in a leg lower before a big bounce of C that will ultimately get faded for a lower low on the daily.

Kommentar:

Based on the shallow B we should see 2900 for the top of C not 2800