SPY -the Forest

This is what I've been looking for, a final head fake, like we discussed today and many times before. Today we are moving a lot closer to that target, when once again, traditional T.A. would argue for the short to have been put on Monday. Traders don't get what they expect and Wall Street makes money.

It still looks like end of day we'll see downside in the market, consolidation, whatever you want to call it, but the thing that has kept me hanging onto the idea of this move higher has been the longer charts like the one below.

So far so good on the 15 min chart's signal that started Monday.

SO this is the broader look at the game I think is being played out. It hasn't been easy to stick with this line of thought through this week, but again, based on the way they play the game, I still believe it's the highest probability.