Another crucial day for the $SPY tomorrow , Friday the 11th 2019

Why is it crucial for $SPY to test $260 and then falter, because that is what the B(AB) wave is supposed to do. On a 2h chart you can see the last  decline from $280 till now corresponds with the 61.8% at $263 and the current uptrend or the ABC the C should end at the confluence of 161.8%  fo the magenta 1, 2 wave.

.Any time there is confluence, then we can be most certain.

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