8\24 urgent spy update ⚠

Par Eloquent
es is nearing a local peak here, it's currently in an ending diagonal

4513.75 is the regular upside target

ending diagonals tend to overthrow the wedge at the end of the move

4559~4568.25 as a blow off top \ overshoot target

expect it if it happens

pcc hit the lowest point this morning since june 30th, usually happens a week or two before a correction begins

snapshot

i do expect this correction to last for about a month, could go longer (similar to last september)

that dip will be for buying, as i expect 5000~6000 before the real top is in (in the next two years).


Elliott WaveS&P 500 E-Mini FuturesUS SPX 500SPDR S&P 500 ETF (SPY)
Eloquent

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