6:10 AM Pre Market Update
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| ES |
ES appears to be riding underneath the upper fork channel after piercing it last night. I believe it was up 7.5 only 40 mins ago and is not red.
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| HG - 60 Min |
That's a more convincing break out of that falling wedge. Let's see if it has some legs to it. If so, it should line up with the daily view below.
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| HG Daily |
If this three wave structure off the top only represents a larger wave W, I would then expect a wave X bounce to at least 38% near $3.62. But we should also see what happens if it reaches the underside of the channel at $3.40.
