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Koch0617

Bear Wolfe wave on Daily

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Koch0617 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500)
7
0
chartpattern spy spx spx500
WW has formed nicely including a-b-c wave between point 3 & 4 in SPY
Also if volume today is less than that on Thursday that also supports WW completion
Gap high island also supports this.

So initial target will hit Target Line
Comment:
Watch for 0.786 retracement of the Wave 5 high before you go short
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