SPDR S&P 500 ETF TRUST
Diupdate

SPY - EW: Main Count | Variation # 2

237
This is the second variation. This one I adjusted the a,b,c for yellow wave 4. This has the right look. I marked up the confluence from parallel channel resistance and Fib retracement channel 23.6% which is 420.61.

Because this is very possible as well, I added the 417 calls that I posted earlier. This is to hedge my 400 puts and if the move goes to far up, I will take whatever profit i have if any from the puts and double up on my calls for potential day trade 8/10's and day swing 8/12. Price action will determine my actions.

I posted on last variation what area's of SPY I'm watching.

Good Luck Traders.
Catatan
With ES building higher, this count looks it is less likely the higher we go. my Alt count looks more like what we are doing if we make 429 range in the trading sessions.

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