5:30 AM Pre Market Update
I'm maintaining watch on Dr. Copper who appears to be forming an ending diagonal. Either wave 4 is complete or one more push to the dotted TL is required since it appears as though wave b of 4 may be forming a tri.
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HG |
If 4 is complete, wave 5 should be expected to tag the lower TL and cannot exceed 2.848 or wave 5 will be greater than wave 3.
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ES |
ES has put in a lower low beyond the 8/9 low. For cash I'll be watching the 1090-1080 zone for a bounce where v=i at 1085.
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15 Min |