spy 4hr

Spy coming into resistance here around 2740-55....if this is a wave 2 retrace it should turn here soon imo...the bearish count has this a wave 2 and the next wave will be the big c down in 5 waves to the 2400-2480 area....the bullish count would get us to new highs in the coming weeks...hard to tell right now but we did have 5 impulsive waves down on the first wave so that tells be the more bearish count has a pretty good chance of playing out...I will continue to look for entries into tvix/uvxy if they arise....