The market chose to make a slightly lower low in the next candle but then went back to the expected programming. Updated the chart and added some possible retrace markers. I am rooting for 0.386 retrace as there is a bigger harmonic this is a part of that takes us down to 265 on SPY.
Continuation of the previous idea.
Continuation of the previous idea.
Trade closed: stop reached:
Was never to be! Ran my stops. Win some, lose some.