SPY - 2 Elliott Impulse Waves & Fibonacci Retracements

2 Elliott Impulse Waves, the shorter term is mid-way thru wave 3 and is wave 2 of the longer term impulse wave.
Shorter term:
0: 295 (May 1 high)
1: 280 (May 13 low)
2: 289.2 (May 16 high), 61% of wave 1
3: 265 (en route, mid-Jun), 161.8% of wave 1
4: 273 (en route, late-Jun), 33% of wave 3
5: 258 (end of Jun/early Jul completion), 100% of wave 1

Longer term
0: 235 (Dec low)
1: 295 (Apr high)
2: 258 (en route, end of Jun), 61% of wave 1
3: 355 (Jun/Jul '20), 161.8% of wave 1
4: 323 (Fall '20), 33% of wave 3
5: 383 (Winter '21), 100% of wave 1

Thoughts?