$State Street® SPDR® S&P 500® ETF Trust @YZY Based off my Elliott wave technical analysis, I believe we are going to experience a red week next week that will take us down as low as the 340s. We were in an uptrend that took us up to the highs on 11/9. Since then we have been in a correction, which is a zigzag as evidenced by the fact that the A wave if correction can be further divided in to 12345 subwaves. The 12345 subwaves all constitute wave A of the corrective zigzag. We have nearly completed wave B of the zigzag and may have completed it at the end of today. Next will be another 12345 wave pattern down to make wave C. This is likely to take us down to the 340s. Of course if we hear massively bullish news, the zigzag may be altered, but we are much more likely to experience continuing bad news about lockdowns and other global headwinds due to this, so I think the pattern will complete. If you guys want further suggested readings about Elliott wave technical analysis, this website is a great resource and has multiple pages with many lessons on EW. Have a nice weekend everyone. ? $Invesco QQQ Trust $Tesla Inc $Apple Inc