SPY target 700
State Street SPDR S&P 500 ETF BATS:SPY
Before I leave I'll put this up. I know many will scoff at the idea, but to me it's nothing more than an ABC with the Larger C next. So let's see how accurate this chart is once I get back.
This idea would likely confirm if SPY breaks below 750 and holds below that level. Any further price action above today's high will invalidate this idea.