I last visited my thought that $SPY was in a nested 1-2-1-2 here. Since my subminuette (red) two ended up deeper than first expected, the target for subminuette (red) three should be lowered. So, I have updated that target here, depicted by the orange box.
[UPDATE]: Since we have entered deeply into the target range, I will file this under “Successful Calls.”
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