Feb. 3 at 9:45 PM
$SPY ~ SPX Fibonacci extension. "The S&P 500 has just reached a major upside objective - the 261.8% Fibonacci extension off the 2021-2022 bear market base which has also formed a textbook Elliott Wave (5 Wave) structure... If the S&P 500 can decisively break above 7,000 and hold that level, this bull market and (Wave 5) blowoff top may still have plenty of room to run before the inevitable collapse into a deep bear market. But until that happens, it's worth considering the complete Elliott Wave structure and what a more challenging environment might look like for equities."
$QQQ $DIA $GLD $SQQQ
