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Short

SPY - Simple Wave Count - Load Up on Puts!

AMEX:SPY   SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS
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As long as we don't overstep into wave 1 territory (white line, 259.85), this potential wave count remain valid.

Wave 4 should be simple, as wave 2 was complex. Great time to load up or hedge positions.
Comment: momentarily broke through wave 1 (260.03), but looks to be a strong rejection at that point
on what instrument do you usually use for long putting ? much appreciated !
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