TrendLizard’s Elliott Wave analysis of SPY (S&P 500)

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long-term analysis: 
([stock_quote symbol=”SPY”]) Since it’s inception in 1993, SPY has been in three distinct trends. From 1993 to 2000, SPY was in a super-impressive trendy advance that  nearly quadrupled SPY’s value in seven years. From 2000 to 2009, SPY shifted in a major way and entered an enormous corrective pullback that culminated with the sharp 2007-2009 decline. Since 2009, SPY has resumed its long-term uptrend in a move that is still far from over.  SPY began a new long-term up leg in early 2016. Expect significant gains ahead as this new long-term up leg carries SPY to new heights. Click below and we will show you exactly how to trade SPY’s advance and when to be on the lookout for the next major high.

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