S&P500 Might be Starting Wave 3 TodayState Street SPDR S&P 500 ETFBATS:SPYtbradfieldAs charted (hopefully correctly) we have had 5 waves of 3 to complete 1 down. I believe Wave 2 may finish up soon. The VIX fell about 10% today so we may have a down day within the next two sessions. If correct on my bear scenario, I have a Fib Extension off Wave 1 retraced by 2 for my 3 target at the 1.618. Not Financial Advice or a Recommendation to Buy or Sell anything.