[] 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/StockMarketMonk/
[] 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.