[4:27 PM UPDATE]
 |
ES |
ES sports a nice looking double zigzag. We'll see.
 |
McClellan Oscillator |
A potential +ve divergence near term.
EOD Update
 |
5 Min |
The bounce off the low does not look exactly impulsive for the first part of the wave structure. I will have to lean towards the red option and assume the bulls will have to prove themselves above the higher Fib retrace targets.
 |
60 Min |
Will the bulls come back here or is the market setting up a 3 of 3 sell off even after backtesting the lower channel?
 |
SPX - Daily |
Doji and bounce off the lower BB.
 |
AAPL- 60 Min |
AAPL bulls managed to create an overlap so the bears best count now is a nested 1-2 down. Note the alt option in green, which is a larger double zigzag.
 |
AAPL - Weekly |
The weekly may support the 3 of 3 event if the backtest of the lower TL of the wedge fails.