The SPDR S&P 500 ETF Trust is an exchange-traded fund launched in 1993. It tracks the S&P 500, meaning about five hundred large US companies from all sectors. It is managed by State Street Global Advisors. As of Oct 13, 2026
No buy zone
There is currently no buy zone for this symbol under our Elliott rule. One only forms when the price pulls back after a strong rise.
An observation, not investment advice
Timeframe 1 week · As of Oct 23, 2026 · display only, the rule works on daily candles
Elliott count: Zigzag (A-B-C), Corrective pattern (upward), C in progress (1 of 2 guidelines) · B = 31% of A; C = 46% of A
Alternative (not drawn): Combination (W-X-Y), Corrective pattern (upward), Y in progress (1 of 2 guidelines)
Note: Structure ambiguous: leg A can also be read as three- or five-part.
Note: Retracement at least 88.7% of A: flat possible (B in progress, type only with C).
Elliott count calculated automatically by fixed Elliott rules, not investment advice – display only, our buy zones do not use it. Provisional: The count can change with new candles.
No buy zone of the rule on this timeframe – the chart shows only the Elliott count from the completed weekly candles (recalculated every day). Not a recommendation, not investment advice. Without a buy zone there is no reference for percentages – so no value axis and no prices; measurements are ratios of wave lengths.
Timeframe 1 day · As of Oct 26, 2026
Elliott count: Combination (W-X-Y), Corrective pattern (upward), Y complete (3 of 3 guidelines) · X = 59% of W; Y = 64% of W
Alternative (not drawn): Flat (type known only after C), Corrective pattern (downward), C in progress (2 of 2 guidelines)
Elliott count calculated automatically by fixed Elliott rules, not investment advice – display only, our buy zones do not use it. Provisional: The count can change with new candles.
No buy zone of the rule on this timeframe – the chart shows only the Elliott count from the completed daily candles (recalculated every day). Not a recommendation, not investment advice. Without a buy zone there is no reference for percentages – so no value axis and no prices; measurements are ratios of wave lengths.
There are no hourly candles for SPY – analysis charts for 4H and 1H are only available for symbols with hourly history. The TradingView chart still shows this timeframe.
There are no hourly candles for SPY – analysis charts for 4H and 1H are only available for symbols with hourly history. The TradingView chart still shows this timeframe.
Timeframe 1 week · As of Oct 23, 2026 · from the Elliott count in the analysis chart
Weighting Main scenario and alternative: level (1 of 2 guidelines each, medium) – the simpler or clearer pattern counts as the main scenario. Guidelines (strength of the count)Guidelines are typical features of a count, such as usual Fibonacci lengths or a change in the form of correction. Strong means: at least three quarters met, medium: at least half, otherwise weak. Even a strong count can flip.Example: 3 of 3 guidelines → strong; 2 of 4 → medium; 1 of 3 → weak.More in the Academy: Lesson wave degrees
Weighting by guidelines met – not a probability.
As long as the weekly close stays above the end of B, this applies: sharp countermove upward in three waves (Zigzag A-B-C), C in progress – count points to rising prices.
Invalid if the weekly close is below the end of B
If that breaks, the second reading no longer applies either: complex countermove upward (Combination W-X-Y), Y in progress – then there is no valid count for now; the next candles will produce a new one.
Invalid if the weekly close is below the end of X
Watcher Fibonacci target zones and levels for this count – as a help for your own review – from Watcher.
Timeframe 1 day · As of Oct 26, 2026 · from the Elliott count in the analysis chart
Weighting Main scenario: ahead (3 of 3 guidelines, strong) · Alternative: behind (2 of 2, strong) Guidelines (strength of the count)Guidelines are typical features of a count, such as usual Fibonacci lengths or a change in the form of correction. Strong means: at least three quarters met, medium: at least half, otherwise weak. Even a strong count can flip.Example: 3 of 3 guidelines → strong; 2 of 4 → medium; 1 of 3 → weak.More in the Academy: Lesson wave degrees
Weighting by guidelines met – not a probability.
As long as the daily close stays below the end of Y, this applies: complex countermove upward (Combination W-X-Y), Y complete – count points to falling prices.
Invalid if the daily close is above the end of Y
If that breaks, the second reading no longer applies either: flat countermove downward in three waves (Flat, type known only after C), C in progress – then there is no valid count for now; the next candles will produce a new one.
Invalid if the daily close is above the end of B
Timeframe 4 hours · from the Elliott count in the analysis chart
Weighting by guidelines met – not a probability.
No hourly candles available – there are no scenarios for 4 hours.
Timeframe 1 hour · from the Elliott count in the analysis chart
Weighting by guidelines met – not a probability.
No hourly candles available – there are no scenarios for 1 hour.
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
Index ETF for analysis and market analysis only. From Oct 11, 2026, prices in this chart are not reliable.
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