$SPY did what it was supposed to do today after moving past the 4th wave heading into the 5th and final wave of the wave in the largest degree in purple. What we saw today was the 3(5) and that is not done yet because we still have 5(5) to finish looks like tomorrow. On the 15 min chart As of writing this article the “bc” has not completed. Will complete today from projecting the “AB” to 100% the BC looks to complete at $268.58. Wave A had a 5 internal move down and BC in progress! The target of this final wave is $273 area!