Technical analysis by maikisch about Symbol SPYX on 5/21/2025

In my last post…” We Have a Full Pattern into The Target Box” … I stated, “I am now looking for a 5-wave pattern to develop to the downside, followed by a 3-wave retrace, that in the coming weeks can take us back out of the target box to the downside.” That pattern may have begun today in the very micro sense. This is very preliminary, so we need follow through to the downside so that in the days and weeks to come, we can confirm a top in minor B.