ULTA confirmed a short signal on my custom indicators and has a completed 5 waves that should accompany such a signal. Since wave (3) at Intermediate degree is over, a long 4th wave should now unfold. It should make it to at least $220.22, even if it's just a triangle correction, but it could possibly continue lower to fill around $215. Here is the trade I made near the close today:
Buy to open ULTA Aug 05 217.5/237.5 put vertical at $5.75
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