SPY larger flat for upside eventually? Bearish for now

Short

SPDR S&P 500 ETF TRUST (AMEX:SPY)

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AMEX:SPY SPDR S&P 500 ETF TRUST

Trend Analysis Wave Analysis Chart Patterns Flat SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) abccorrection short

trendanalysis waveanalysis chartpattern flatcorrection spy spx500 abccorrection short

I think the overall pattern is bullish, but we will get a few more moves down of selling if my analysis is correct!

Let's see!

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snapshot

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Weekly view, eventually we will get another super cycle correction. Just can't really forecast when at this time.

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snapshot

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broke A wave and reversed. I'll look for a setup to sell over the next week!

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