11:55 a.m. New York time

Here’s a very close in look at the Elliott wave analysis internals of SPY wave 4 to the downside at the Subminuette degree {-1}, which began on July 18, and with it, of wave 4 at the Submicro degree {-3}.

The SPY chart covers two days with one minute bars.

11:40 a.m. New York time

No trades in sight today.

By Tim Bovee, Portland, Oregon, July 25, 2018

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.

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Based on a work at www.timbovee.com.