This may be the count folks.
11:38 AM UPdate
11:35 AM Update
11:11 AM Update
If you still believe in the wxy corrective move.
11:02 AM Update
A possible new channel up forming. Let's see if it's a base channel followed by an acceleration channel.
10:34 Update
10:26
Watch that potential rising wedge as well that may signal a b wave.
9:34 AM Update
Watch the alternate labels. With the 30 min hammer confirmation, there's a good chance a higher over move may be in store.
9:20 AM Update
An update on that flat. 30 min hammer has formed as well at the bottom.
9:10 AM Update
A possible RUT Flat
8:52 AM Update
This would be the case for a flat should 1330 hold.
8:16 AM Update
And another option. Take out the 1325.03 wave x low and a good chance this move up is over.
7:46 AM Update
That 7:33 option is out. Either wave (b) is complete or the pink alternate is in play.
7:33 AM Update
The other count to be mindful off. This drop would be considered wave b of 5 of the ED.
7:25 AM Update
The inverted head and shoulders targets 1344 if it hits.
Pre Market
Perhaps a breakout to the upside today?
ES appears to have consolidated into a descending triangle all night. It is now out and as I type this trading 1.25 pts higher.
Copper futures continues to rally and has breached the upper channel and what may be the neckline of it's inverted head and shoulders.
