StockMarketMonk

SPY Minuette Impulse Wave Down Count

Short
BATS:SPY   SPDR S&P 500 ETF TRUST
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[[]] The trading idea above is meant to be combined with the SPY Minute Corrective Wave Count found on my profile https://www.tradingview.com/u/StockMarke... [[]] Since June 24 the SPY has drawn out 5 minuette impulse waves lower, and 3 minuette corrective waves higher. As I write, prices have just topped out around 168.50 marking the top of minuette wave 2. The completion of all five minuette waves should occur somewhere in the 167-165 range.

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