SPY - S&P500 Update

After the weekly countdown 13 on Nov-21st-2021 and the daily sell signal on Dec-13th-2021 S&P500 entered the down movement .It is still in a weekly ABC correction. Wave-B is active and the daily chart is signalling when wave-B could be locked to trigger Wave-C.

Daily we finished the ABC correction and are now in a 1 to 5 wave which signals more upwards momentum. We saw a nice first down reaction to the daily perfected 9.