Below is a Wolfe Wave on a 2hr SPY chart where I only identified the 2 and 5 points for “secrecy.” I added a Fibonacci Spiral, which suggests “time” turning points. Note how beautifully it coincides with the 5 point of the Wolfe Wave.
Below is a chart of a SPY weekly Put Option that appreciated significantly during the “suggested” decline to the target line (not drawn).
Below is a “chart” from the Creator’s scrap book. (Spiral galaxy Hubble telescope)