Before the year ended, I posted this chart below in the CiL / Twitpic. I don't remember when but mentioned that this would be something to watch out for.
With this nearly +20 point gap in ES, this would make for the 3rd leg up of wave 3 of the ED or notice the even larger ED?
Just a reminder, this is not the primary but certainly an option within the larger primary count (see last chart below), which is looking for the completion to wave B green.
ED Option |
But if the bulls choose to continue running, today's opening gap is the gap of recognition wave 3 of 3 of Primary 3 up.
Primary |