SPY Minute Corrective Wave Down Count

26 thg 7, 2013

[[[INTRODUCTION]]] The trading idea above is meant to be combined with the SPY Minuette Impulse Wave Count found on my profile tradingview.com/u/StockMarketMonk/ [[[ANALYSIS]]] The chart above shows a complete 5 minute wave impulse move from June 24 to July 24. Since then, we have drawn out waves a and b of the minute corrective wave and as of this morning sit in the middle of wave c. We have the July 11 gap between 165 and 167 as a target for the end of wave c.