![](http://wp.wolfewave.com/wp-content/uploads/2022/08/A_chart_example_on_the_SP500_future.htm_txt_PERFE2.gif)
For those of you who consider a 5 minute chart “long-term,” the above 1 minute chart catches a “Picasso” in Wolfe Wave analysis. A perfect ETA and EPA. However in actual trading I advise against using the ETA as it just adds too many variables. Use the EPA to purchase a genuine Picasso.