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StockMarketMonk
Jul 26, 2013 2:08 PM

SPY Minuette Impulse Wave Down Count Short

SPDR S&P 500 ETF TRUSTArca

Description

[[[INTRODUCTION]]] The trading idea above is meant to be combined with the SPY Minute Corrective Wave Count found on my profile tradingview.com/u/StockMarketMonk/ [[[ANALYSIS]]] 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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