$SPY recap for 5/9/23 with #Elliottwave!

٩ مايو ٢٠٢٣

Overall, the monthly chart is looking like an ABC in the works, but the chop is real. Monthly candle is red, and the weekly is starting to get into the prior week's lower shadow, but the daily was such a narrow range. We will see if the chop end after the CPI print tomorrow.