Pre Market Update [6:32 AM Update]

[6:32 AM Update]

ES

Another perspective. Look at the MACD trendline.

Pre Market Update

HG

Copper may be hinting at the wave 2 pullback for SPX. Notice the rejection of the MACD TL on the backtest? Need to keep an eye out on any triangulation.

ES

If ES makes a new high, one more -ve MACD divergence may be put in.

SPX- 5 m

Should one more high be made, 13 waves (an impulse) will have completed off the 10/18 low capping off what may be five waves up off the 10/4 low.