A 1 min view
Pre Market
I am going to be out most of the day today and just wanted to share a thought. Many are calling, myself included, for a maximum move for this leg near 1335-1340.
However, should futures continue to hold here, the gap and go may also lead to this count below:
There's a daily gap below at 1289.14. Should SPX zoom past 1241 and change, this is something to keep in mind.
The hourly view of that potential.