{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/a39040ef9fbb4f1eacc30144650025ce\" frameborder=\"0\" width=\"1108\" height=\"831\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":831,"width":1108,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":831,"thumbnail_width":1108,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/a39040ef9fbb4f1eacc30144650025ce-b9e0a674de322b3a.gif","duration":247.087,"title":"SPY Elliott Wave and Fibonacci Tariff Levels","description":"This Loom discusses an Elliott wave based market timing outlook for the SPY and related ETFs. The speaker draws a line from the March 2020 COVID low to early 2022, projects it to the bottom of the 2022 bear market, and says it lands near early 2025 and again at the bottom of the 2025 “Liberation Day” tariff sell off. They argue that having wave 1 equal wave 3 often implies an extended wave 5, potentially an emotional/speculative rally before a bad sell off, and reference taking targets around 1.272 and 1.618. They also note a tariff sell off Fibonacci extension around 1.620 and say SPY is closing just below it, while Qs and the NASDAQ appear to have moved above it, suggesting continued upside like about 770 for the Qs, with a need for confirmation above a 740 level and otherwise a possible revisit near 700."}